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DealProspect/Listings/Food & Beverage

Seafood, Burger & Gelato Restaurant

Restaurant

ActiveFood & BeverageB2C
Asking price
$350,000
Disclosed · plus stock · AUD
Revenue
$1,222,000
TTM
Earnings (est.)
~$270,563
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Long-established restaurant on a main road with strong exposure and car parking for guests and staff
  • Menu covers seafood, burgers and yoghurt and gelato; the large premises would also suit other food concepts
  • 270 sqm venue with seating for 189 across inside, footpath and a private courtyard that can host functions
  • Licensed to trade until 1am and run under management with very little vendor involvement
  • Fit-out and kitchen are in excellent order; sales were previously well above today's level, leaving room to rebuild
  • Vendor is selling because of health issues

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