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DealProspect/Listings/Hospitality & Tourism

Indian Pakistani Restaurant in Geelong

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$57,491
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$208,000
TTM
Earnings (est.)
~$52,458
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Indian Pakistani restaurant with potential for other cuisines
  • Fine dining area seating 50 inside plus 2 outdoor tables
  • Located on a main road in a busy area close to Coles, ALDI and other amenities
  • Large rear car park for staff and customers; heavy foot traffic
  • Geelong classified as a regional area, with potential to apply for RSMS sponsorship
  • Large commercial kitchen with fridges, freezers, cool room, gas tandoor, 8-burner stove and gas wok
  • Previously fully licensed; licence not renewed by current owner but can be reapplied for