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Chinese Restaurant, Bundaberg Region

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
$230,000 + stock
Disclosed · AUD
Revenue
$1,016,364
TTM
Earnings (est.)
~$195,369
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Chinese restaurant in a coastal town, operating under full management with two chefs and a trained front of house team
  • Located a short walk from the beach, near Big 4 caravan parks with strong tourist traffic
  • Trading 5.5 days a week: closed Mondays, dinner only Tuesdays, lunch and dinner Wednesday to Sunday
  • Established since 2015 with a loyal local and returning tourist customer base
  • 213 sqm premises with adjoining storage and outdoor dining space
  • Lease secured until 2028 with a 3-year extension option
Listed
74
+8 in 30 days
Median asking
$199K
71 priced
Median revenue
$1M
34 disclose
Earnings multiple
1.2×
12 listings
Price drops
6
in 30 days
Asking price spread71 of 74 state a price
This listing · $230K
51%
15%
13%
4%
Under $100K$2.5M–$5M

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