Licensed Restaurant & Bar, Northern NSW Coast

Licensed Restaurant & Bar, Northern NSW Coast — Food & Beverage · Northern NSW Coast · Asking $185,000 · Revenue $1,560,000 · Net Profit $83,928

Fully licensed restaurant and bar in a Northern NSW coastal dining and tourism precinct 100 seats, full commercial kitchen, stylish bar and dining areas Currently run under management with one full-time manager and kitchen staff Trades five days a week Lease runs to November 2028 with annual rent increases Vendor selling due to other business interests Scope to extend trading hours and refresh…

DealProspect/Listings/Food & Beverage

Licensed Restaurant & Bar, Northern NSW Coast

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,560,000

TTM

Net Profit

$83,928

Implied multiple (assumed)

Brief

Fully licensed restaurant and bar in a Northern NSW coastal dining and tourism precinct
100 seats, full commercial kitchen, stylish bar and dining areas
Currently run under management with one full-time manager and kitchen staff
Trades five days a week
Lease runs to November 2028 with annual rent increases
Vendor selling due to other business interests
Scope to extend trading hours and refresh the menu to grow sales

How it compares

Restaurants in New South Wales · asking prices

48% below restaurants here

Restaurants here ask a median 0.23× revenue. On its $1,560,000 revenue, that points to about $358,000; reads like this are typically within 30%, so $251,000 to $465,000. It asks $185,000.

Asking price: $185,00031% below the median of $270,000
Revenue: $1,560,000median is $1,075,318
Revenue multiple: 0.12×0.23× across the market; higher than 11 of 79
Time listed: 13 daysrecently listed

Restaurants in New South Wales

Restaurants for sale in New South Wales (111) →

Listed

111

+11 in 30 days

Median asking

$270K

106 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread106 of 111 state a price

This listing · $185K

18%

29%

35%

14%

Under $100K$1M–$2.5M

Australia 488 · Victoria 237 · Queensland 74 · South Australia 25 · Western Australia 23

Cafes 185 · Takeaways 117 · Childcare centres 93 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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