Turkish Restaurant & Shisha Bar in Docklands
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
~$138,350
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$500,000
TTM
Earnings (est.)
~$126,100
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- Family-owned Turkish restaurant and shisha bar in Docklands
- Operating for over 24 years, 9 years under current owner
- One of the oldest and most established Turkish venues in the area
- Open-plan layout with large central bar and lounge, 110+ seating
- Full liquor licence until 1:00 AM
- Footpath dining licence in place
- Fully equipped commercial kitchen
- 40-50% repeat customer base
- Strong secure lease of 2+5+5 years
- Potential to introduce live music, belly dancing and a kids' playroom
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