Korean Fried Chicken Restaurant, Brisbane

Korean Fried Chicken Restaurant, Brisbane — Food & Beverage · Queensland · Asking $289,000 · Revenue $1,200,000 · SDE $300,000

Korean-style fried chicken takeaway in a high-growth Brisbane suburb, run under management 145 sqm of indoor dining plus outdoor seating Lease secured to 2030 with a further seven-year option Simple menu that doesn't require a chef Experienced manager and trained team already in place Low franchise/loyalty fees with head office support; genuine reason for sale

DealProspect/Listings/Food & Beverage

Korean Fried Chicken Restaurant, Brisbane

Takeaway

ActiveFood & BeverageB2C

Find funding for this deal →View original listing ↗

Asking price

$289,000

Disclosed · AUD

Revenue

$1,200,000

TTM

Earnings

$300,000

Implied multiple

1.0×

asking / earnings

Brief

Korean-style fried chicken takeaway in a high-growth Brisbane suburb, run under management
145 sqm of indoor dining plus outdoor seating
Lease secured to 2030 with a further seven-year option
Simple menu that doesn't require a chef
Experienced manager and trained team already in place
Low franchise/loyalty fees with head office support; genuine reason for sale

How it compares

Takeaways in Queensland · asking prices

In line with bigger takeaways here

Bigger takeaways here ask a median 0.25× revenue. On its $1,200,000 revenue, that points to about $302,000; reads like this are typically within 30%, so $211,000 to $393,000. It asks $289,000, inside that range.

Asking price: $289,00031% above the median of $220,000
Revenue: $1,200,000median is $935,000
Revenue multiple: 0.24×0.28× across the market; 0.25× for bigger ones, 0.33× for smaller
Time listed: 127 daysno price change

Takeaways in Queensland

Takeaways for sale in Queensland (107) →

Listed

107

+28 in 30 days

Median asking

$220K

105 priced

Median revenue

$935K

67 disclose

Earnings multiple

1.7×

28 listings

Price drops

in 30 days

Asking price spread105 of 107 state a price

This listing · $289K

22%

31%

34%

10%

Under $100K$1M–$2.5M

Australia 578 · Victoria 315 · New South Wales 114 · Western Australia 22 · South Australia 10

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