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DealProspect/Listings/Food & Beverage

Restaurant Labart - Burleigh Heads

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$695,000
Disclosed · plus stock · AUD
Revenue
$2,000,000
TTM
Net Profit
$350,516
Implied multiple
n/a
Stock is extra · value not stated

Brief

An award-winning European bistro restaurant and bar in Burleigh Heads on the Gold Coast, trading for more than eight years with a strong local reputation. Full commercial kitchen, charcoal grill and a long-term lease on favourable terms, with a lengthy handover available from the owner.

Listed
74
+9 in 30 days
Median asking
$199K
71 priced
Median revenue
$1M
34 disclose
Earnings multiple
1.3×
13 listings
Price drops
6
in 30 days
Asking price spread71 of 74 state a price
This listing · $695K
51%
15%
13%
4%
Under $100K$2.5M–$5M

Australia 488 · Victoria 237 · New South Wales 111 · South Australia 25 · Western Australia 23

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