Turkish Restaurant & Shisha Bar in Docklands

Turkish Restaurant & Shisha Bar in Docklands — Hospitality & Tourism · Docklands, Melbourne · Revenue $500,000

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…

DealProspect/Listings/Hospitality & Tourism

Turkish Restaurant & Shisha Bar in Docklands

Restaurant

ActiveHospitality & TourismVictoriaB2C

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Asking price

~$141,850

est. from comparable listings of this type and size · typically within ±50% · AUD

Revenue

$500,000

TTM

Earnings (est.)

~$110,682

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.3×

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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