Skip to main content
DealProspect/Listings/Hospitality & Tourism

Established Burger & Casual Dining Venue, Cheltenham

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$154,900
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$546,000
TTM
Earnings (est.)
~$120,358
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Long-standing hospitality business on a large corner site in busy Cheltenham
  • Operating for over 10 years, known for its burger offering and casual dining appeal
  • Well set up with ample indoor seating, large commercial kitchen and cool room
  • Holds a liquor licence with generous front-of-house space
  • Plenty of secure off-street parking
  • Secure 5-year lease commencing 1 May 2023, landlord open to extending
  • Staff support in place with owner offering a smooth handover
  • Scope to open earlier for coffee, breakfast and cafe-style trade

Restaurants in Victoria

All 327 →
Listed
327
+37 in 30 days
Median asking
$198K
219 priced
Median revenue
$988K
216 disclose
Earnings multiple
1.9×
10 listings
Time listed
38d
80 tracked
Price drops
11
in 30 days
Asking price spread219 of 327 state a price
16%
43%
24%
11%
1%
Under $100K$2.5M–$5M

Queensland 115 · New South Wales 101 · Auckland 53 · South Australia 29 · Western Australia 21 · Canterbury 15

Cafes 494 · Takeaways 404 · General retail businesses 196 · Supermarkets 69 · Automotive workshops 66 · Manufacturing businesses 64

Priced like this one

All 327 →