Italian Cafe and Restaurant, Frankston

Italian Cafe and Restaurant, Frankston — Food & Beverage · Frankston · Asking $30,000

Established Italian cafe/restaurant on Nepean Highway, Frankston surrounded by complementary businesses Well-equipped 120 sqm premises with seating for 45-50 patrons Liquor licence to 11pm; compact commercial kitchen Currently operating; can be converted to Asian or Middle Eastern cuisine 9-year secure lease in place with low overheads Sale includes chattels; no financial information available…

DealProspect/Listings/Food & Beverage

Italian Cafe and Restaurant, Frankston

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$30,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

—

Brief

Established Italian cafe/restaurant on Nepean Highway, Frankston surrounded by complementary businesses
Well-equipped 120 sqm premises with seating for 45-50 patrons
Liquor licence to 11pm; compact commercial kitchen
Currently operating; can be converted to Asian or Middle Eastern cuisine
9-year secure lease in place with low overheads
Sale includes chattels; no financial information available from vendor

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Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $30K

12%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

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