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DealProspect/Listings/Hospitality & Tourism

Large Hospitality Venue, Mount Eliza Village

Hospitality Site

ActiveHospitality & TourismVictoriaB2C
Asking price
~$958,308
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$323,076
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.0×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Large established hospitality venue in Mount Eliza Village, Mornington Peninsula
  • Approximately 188 indoor seats and 65 outdoor seats
  • Restaurant & Cafe liquor licence allowing trading until 1am
  • Currently operates under full management with experienced team
  • Fully equipped commercial kitchen
  • Secure lease in place
  • Scope to grow evening trade, events and functions