European Bar & Restaurant in Melbourne Bayside

European Bar & Restaurant in Melbourne Bayside — Hospitality & Tourism · Victoria · Asking Contact Broker · Revenue $1,144,000

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…

DealProspect/Listings/Hospitality & Tourism

European Bar & Restaurant in Melbourne Bayside

Restaurant

ActiveHospitality & TourismB2C

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Asking price

~$319,405

est. from comparable listings of this type and size · typically within ±50% · AUD

Revenue

$1,144,000

TTM

Earnings (est.)

~$248,178

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.3×

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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