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Iconic Newport Italian Restaurant – Over 40 Years

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$165,000
Disclosed · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$121,941
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established Italian restaurant serving the Newport community for over 40 years
  • High-profile main-road location in a popular shopping strip
  • Fully equipped commercial kitchen with seating for 50 customers
  • Dine-in, takeaway and delivery operations in place
  • Trades six evenings a week with an experienced casual team

How it compares

Restaurants in Victoria · asking prices
46% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $416,000 revenue, that points to about $113,000; reads like this are typically within 30%, so $79,100 to $147,000. It asks $165,000.

Asking price
$165,00025% below the median of $220,000
Revenue
$416,000median is $936,000
Revenue multiple
0.4×0.27× across the market; higher than 130 of 156
Time listed
1 dayrecently listed
Listed
248
+30 in 30 days
Median asking
$220K
205 priced
Median revenue
$936K
181 disclose
Earnings multiple
2.2×
9 listings
Price drops
18
in 30 days
Asking price spread205 of 248 state a price
This listing · $165K
13%
45%
23%
12%
1%
Under $100K$2.5M–$5M

Australia 497 · New South Wales 109 · Queensland 73 · South Australia 28 · Western Australia 24

Cafes 431 · Takeaways 317 · General retail businesses 72 · Newsagencies 68 · Supermarkets 64 · Bars 56

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