Restaurant - Mount Eliza

Restaurant - Mount Eliza — Food & Beverage · Mount Eliza · Asking $40,000 · Revenue $520,000

Restaurant on a busy strip on Ranelagh Drive, Mt Eliza Highly sought-after location with high foot traffic Currently 50-seat capacity with scope to expand to 150 seats Suitable for 491 visa seekers Would suit an owner operator Commercial equipment and furnishings included in the sale

DealProspect/Listings/Food & Beverage

Restaurant - Mount Eliza

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$40,000

Disclosed · AUD

Revenue

$520,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Restaurant on a busy strip on Ranelagh Drive, Mt Eliza
Highly sought-after location with high foot traffic
Currently 50-seat capacity with scope to expand to 150 seats
Suitable for 491 visa seekers
Would suit an owner operator
Commercial equipment and furnishings included in the sale

How it compares

Restaurants in Victoria · asking prices

71% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $520,000 revenue, that points to about $140,000; reads like this are typically within 30%, so $98,000 to $182,000. It asks $40,000.

Asking price: $40,00082% below the median of $217,500
Revenue: $520,000median is $1,000,000
Revenue multiple: 0.08×0.27× across the market; higher than 2 of 154
Time listed: 129 daysno price change

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 · $40K

12%

45%

24%

11%

Under $100K$2.5M–$5M

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

Cafes 441 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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