AUD 92,560 USD

per year
Hourly Rate AUD 44.50
Bonus AUD 2,314

What should I pay?

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What am I worth?

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Entry Level AUD 70K
Average AUD 93K
Senior Level AUD 108K

Customize

The average pay for a Restaurant Owner is AUD 92,560, which is AUD 44.50 an hour in Australia. The average salary range for a Restaurant Owner is between AUD 70,346 and AUD 107,740. On average, a High School is the highest level of education for a Restaurant Owner.

This compensation analysis comes from aggregated salary survey data for Australia. ERI's compensation information is based on employer-reported data collected from ERI's salary surveys, customer HRIS data, data from Proxies/10Ks and Forms 990, proprietary databases, and purchased survey data. Cost-of-labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc. For more information, see ERI's methodology.

Powered by ERI's Assessor database

What should I pay?

Price a Job

What am I worth?

Find Market Worth

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Explore our Compensation Hub to research salaries, executive compensation, industries, cost of living, and more here.

Salary Potential for Restaurant Owner

Explore the estimated salary growth for Restaurant Owner in Australia for up to 5 years. The estimated salary of Restaurant Owner in 1 year will be AUD 95,297, and in 5 years, will be AUD 107,077.

Number of Years

2 Years

Estimated Salary

AUD 98,114 USD

Percentage Growth

0%

Growth Trajectory

The estimated salary growth for Restaurant Owner in [# of years] is [salary], which is [average growth %] average growth. This information is based on ERI's compensation database.

What Does a Restaurant Owner Do?

Owns and manages a restaurant, cafeteria, independent fast food franchise, wholesale-prepared food establishment, or food services operation of a hotel, institutional food facility, or similar establishment. Formulates administrative and operational policies and procedures. Directs and coordinates, often through subordinate managerial personnel, activities of operations to obtain optimum use of equipment, facilities, and personnel.

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Education, Skills, and Certifications for Restaurant Owners

Gain access to salary differentials for education and skills in ERI's Salary Assessor

Education

Below is the average education level for a Restaurant Owner. About 34% have a High School Diploma, 29% have a Bachelor's degree, and 22% have a Master's degree.

  • High School Diploma 34%
  • Bachelor's Degree 29%
  • Master's Degree 22%
  • Associate Degree 9%
  • Less Than HS 4%
  • Doctorate Degree 2%

Top Skills

Below are top skills for a Restaurant Owner. 89% of Restaurant Owners have a skill in Coordinates activities. The top 3 most popular skills for Restaurant Owners are Coordinates activities, Purchases supplies, and Directs indoctrination.

  • Coordinates activities 89%
  • Purchases supplies 78%
  • Directs indoctrination 67%
  • Reviews economic data 56%

Do you have certifications for Restaurant Owner?

Learn more about how earning certificates can impact your salary.

Calculate your market salary using our salary calculator.

Compare Restaurant Owner Salaries by Location

See how Restaurant Owner salaries vary by region and find the best location for your career.

Cost of Living in Australia

The cost of living in Australia is 0% equal to than the national average.

Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.

Explore Cost-of-Living Calculator

Why Your Salary May Look Different

This information is based on a specific job title and location, but real-world compensation can vary based on factors like years of experience, company size, shift differentials, and more. Because of these variables, your actual pay may fall above or below the average ranges shown. Use ERI's salary data and compensation management platform to identify market trends and accurately adjust pay so that you can price jobs competitively.

Based on the average salary in the United States, if your shift differential is 10%, then your pay will increase by AUD 4.45/hour

*Some jobs may not be adjusted using shift differentials. Please contact [email protected] for additional information.

Accurate Pay Adjustment Insights with ERI

Use ERI's shift differential data to calculate pay for night, day, and swing shifts to benchmark compensation with confidence. Our robust salary survey data can help you accurately price roles using industry-specific shift policies.

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Frequently Asked Questions

Common questions about Restaurant Owner salaries and career insights

How much does a Restaurant Owner make in Australia?

ERI's data indicated that, on average, a Restaurant Owner is AUD 92,560 per year or AUD 44.50 per hour in Australia, which is equal to the national average. Top earners have reported making up to AUD 107,740. However, the typical pay range in Australia, is between AUD 70,346 and AUD 107,740 annually.

What is the salary potential for Restaurant Owner in 5 years?

Restaurant Owner is projected to see 15.7% salary growth in 5 years.

What are some factors that impact Restaurant Owner salaries?

Several factors can impact the salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect the role can provide opportunities to earn more. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns.

How can I accurately price jobs for my organization?

There are several factors that can impact the salary, including experience, company size, job market, location, industry, education, certificates, shift differentials, and more. Understanding how these factors affect the role can help you spot pay gaps and retain top talent. ERI's Assessor Platform brings these factors together in one platform, making it easy to benchmark roles, analyze insights, and set pay with confidence.

What is ERI Economic Research Institute?

ERI Economic Research Institute was founded over 35 years ago to provide trusted compensation data for private and public organizations. ERI has established itself as a gold standard for global salary benchmarking and geographic differentials and has evolved to offer a complete compensation management software solution.

How can ERI help HR and compensation experts?

With decades of experience in compensation, ERI offers an extensive and reliable salary survey database powered by the Assessor Platform, a comprehensive compensation management solution that optimizes complex processes for accuracy and efficiency.

HR and compensation professionals in organizations ranging from small companies to the Fortune 500 rely on ERI's Assessor Platform to:

  • Effectively plan and manage compensation and benefits
  • Streamline workflows using AI-powered solutions, such as AI Job Matching, AI-Generated Job Descriptions, AI Pay Grade Creation, and ERI's cutting-edge AI Job Growth Model
  • Benchmark salaries in local labor markets and specific industries
  • Develop competitive executive compensation packages
  • Compare the cost of living in locations across the globe
  • Develop lasting pay structures
  • And so much more
How often does ERI's compensation database get updated?

ERI's team of PhD-level data scientists and seasoned compensation professionals review and validate our salary data approximately every six weeks, ensuring the accuracy of the data that we publish. Learn more about our methodology.

What educational resources does ERI offer for professionals?

ERI offers 36 free self-study courses through our Distance Learning Center, helping professionals master technical domains like market pricing and geographic differentials. While course content is complimentary, practitioners can choose to pursue the Compensation Analyst (CAC) or Compensation Committee (CCC) credentials to validate their expertise and earn up to 20 HRCI or SHRM recertification credits. Learn more.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

For over 35 years, ERI has compiled the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources

Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.

Real-Time Data

Our salary database is updated and verified approximately every six weeks.

Quality Assurance

Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

10,500+

Locations

35,900+

Job Titles

4,400+

Skills

5,500+

Certifications

1,100+

Industries