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DealProspect/Listings/Hospitality & Tourism

Fully Licensed Fine Dining Restaurant

Restaurant

ActiveHospitality & TourismB2C
Asking price
$350,000
Disclosed · AUD
Revenue
$1,250,000
TTM
Net Profit
$220,000
Implied multiple
1.6×
asking / earnings
Brief
  • Fully licensed for 110 patrons
  • Trades 4 days for lunch and 5 evenings for dinner
  • Located on a busy main road approximately 6km from the city
  • Option to buy plant and equipment only and lease the premises, or buy as a going concern
  • Solar panels installed, reducing electricity costs
  • Bathrooms fully renovated in the past 12 months
  • Suits an owner operator or couple/partnership and a range of cuisines
  • Vendor to provide full handover if sold as a going concern