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DealProspect/Listings/Food & Beverage

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
245
+27 in 30 days
Median asking
$218K
202 priced
Median revenue
$962K
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
18
in 30 days
Asking price spread202 of 245 state a price
13%
45%
23%
12%
1%
Under $100K$2.5M–$5M

Australia 494 · New South Wales 108 · Queensland 75 · South Australia 28 · Western Australia 23

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