Italian Restaurant & Bar - Mill Park

Italian Restaurant & Bar - Mill Park — Food & Beverage · Mill Park · Asking $798,000 · Revenue $2,860,000

A fully licensed Italian restaurant and bar in Mill Park offering traditional pizzas and Italian favourites, with a large indoor and outdoor dining capacity. The business has an experienced team and a secure long-term lease.

DealProspect/Listings/Food & Beverage

Italian Restaurant & Bar - Mill Park

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$798,000

Disclosed · AUD

Revenue

$2,860,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $2,860,000 revenue, that points to about $776,000; reads like this are typically within 30%, so $543,000 to $1,010,000. It asks $798,000, inside that range.

Asking price: $798,0003.6 times the median of $220,000
Revenue: $2,860,000median is $1,040,000
Revenue multiple: 0.28×0.27× across the market; higher than 79 of 150
Time listed: 1 dayrecently listed

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+21 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread194 of 238 state a price

This listing · $798K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 442 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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