Boutique Italian Restaurant, Melbourne South-East

Boutique Italian Restaurant, Melbourne South-East — Food & Beverage · South-Eastern Suburbs, Melbourne · Asking $1,300,000 · Revenue $2,860,000

Stylish, boutique Italian restaurant in a sought-after south-eastern Melbourne suburb Weekly turnover of approximately $55,000, trading 7 days a week Modern fit-out with a walk-in coolroom and fully equipped kitchen Licensed with seating for 110 indoors and 50 outdoors Strong potential to further grow revenue

DealProspect/Listings/Food & Beverage

Boutique Italian Restaurant, Melbourne South-East

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,300,000

Disclosed · AUD

Revenue

$2,860,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Stylish, boutique Italian restaurant in a sought-after south-eastern Melbourne suburb
Weekly turnover of approximately $55,000, trading 7 days a week
Modern fit-out with a walk-in coolroom and fully equipped kitchen
Licensed with seating for 110 indoors and 50 outdoors
Strong potential to further grow revenue

How it compares

Restaurants in Victoria · asking prices

68% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $2,860,000 revenue, that points to about $773,000; reads like this are typically within 30%, so $541,000 to $1,000,000. It asks $1,300,000.

Asking price: $1,300,0006.0 times the median of $217,500
Revenue: $2,860,000median is $1,000,000
Revenue multiple: 0.45×0.27× across the market; higher than 139 of 154
Time listed: 10 daysrecently listed

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $1.3M

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

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