European Bar & Restaurant in Melbourne Bayside
Restaurant
ActiveHospitality & TourismB2C
Asking price
~$301,902
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,144,000
TTM
Earnings (est.)
~$204,204
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- Established European-style cafe and bar in an inner Melbourne bayside suburb
- Busy street location
- Classic European fine dining experience
- Seating for 75 inside and 18 outside
- Currently trading 7 days, full lunch and dinner on weekends
- Trading from current location for more than 10 years
- Long-term lease at a reasonable rent
- Suitable for corporate and personal functions and events
- Listed on The Age Good Food Guide since 2005
- Website with online bookings
- Complete with commercial kitchen
- Vendors seeking a quick handover due to other business interests
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