Large Hospitality Venue, Mount Eliza Village

Large Hospitality Venue, Mount Eliza Village — Hospitality & Tourism · Mount Eliza, Mornington Peninsula · Asking Contact Broker · 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/Hospitality & Tourism

Large Hospitality Venue, Mount Eliza Village

Hospitality Site

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

~$548,652

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

Revenue

$1,560,000

TTM

Earnings (est.)

~$146,444

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~3.7×

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

Hospitality site businesses in Victoria

All 21 →

Listed

+3 in 30 days

Median asking

$630K

9 priced

Median revenue

$1.4M

5 disclose

Earnings multiple

2.9×

34 listings

Asking price spread9 of 21 state a price

22%

33%

11%

Under $100KOver $5M

Australia 37

Restaurants 1020 · Takeaways 927 · Cafes 889 · Liquor stores 145 · Convenience stores 140 · Bakeries 127

Priced like this one

All 21 →