Cafe & Restaurant - Mount Eliza Village

Cafe & Restaurant - Mount Eliza Village — Food & Beverage · Mount Eliza · Asking $280,000 · Revenue $1,560,000

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

DealProspect/Listings/Food & Beverage

Cafe & Restaurant - Mount Eliza Village

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$280,000

Disclosed · AUD

Revenue

$1,560,000

TTM

Earnings (est.)

Implied multiple (assumed)

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

How it compares

Restaurants in Victoria · asking prices

33% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,560,000 revenue, that points to about $421,000; reads like this are typically within 30%, so $295,000 to $547,000. It asks $280,000.

Asking price: $280,00029% above the median of $217,500
Revenue: $1,560,000median is $1,000,000
Revenue multiple: 0.18×0.27× across the market; higher than 31 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 · $280K

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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