Pizza & Pasta Business - Mornington

Pizza & Pasta Business - Mornington — Food & Beverage · Mornington, Victoria · Asking $145,000

Established pizza and pasta business in a busy Mornington Peninsula hospitality strip Sold WIWO with fully owned equipment and a premium commercial kitchen Long 5+5 year lease with 3% annual rent increases Delivery accounts for a significant share of weekly turnover

DealProspect/Listings/Food & Beverage

Pizza & Pasta Business - Mornington

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$145,000

Disclosed · AUD

Revenue (est.)

Earnings

—

Implied multiple

—

Brief

Established pizza and pasta business in a busy Mornington Peninsula hospitality strip
Sold WIWO with fully owned equipment and a premium commercial kitchen
Long 5+5 year lease with 3% annual rent increases
Delivery accounts for a significant share of weekly turnover

Restaurants in Victoria

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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 · $145K

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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