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DealProspect/Listings/Food & Beverage

Seafood, Burger & Gelato Restaurant

Restaurant

ActiveFood & BeverageB2C
Asking price
$400,000
Disclosed · AUD
Revenue
$1,222,000
TTM
Earnings (est.)
~$218,127
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Long-established restaurant serving seafood, burgers, and yoghurt and gelato
  • Main road location with ample car parking and staff parking
  • Large 270 sqm premises seating 189 across indoor, footpath and courtyard areas, licensed until 1am
  • Operates fully under management with minimal vendor involvement
  • Regular, loyal customer base and strong social media presence
  • Secure long lease in place
  • Sale due to the owner's health issues