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West Melbourne Italian Restaurant

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
Expressions of Interest
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—

Brief

A long-established, fully licensed Italian restaurant trading from the same West Melbourne address since the 1950s, with significant goodwill and a loyal clientele. A new lease of up to 25 years is on offer, with the freehold able to be purchased separately. Sold by expressions of interest, with room to grow functions, catering and lunch trade.

Listed
242
+21 in 30 days
Median asking
$218K
198 priced
Median revenue
$1M
175 disclose
Earnings multiple
2.1×
10 listings
Price drops
22
in 30 days
Asking price spread198 of 242 state a price
12%
44%
24%
12%
2%
Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 448 · Takeaways 316 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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