Asian Eatery in University Location
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$389,000+
Disclosed · AUD
Revenue
$800,000
TTM
Net Profit
$230,000
Implied multiple
1.7×
asking / earnings
Brief
- Long-running eatery in Northeast Melbourne, operating since 2012
- Offers both takeaway and dine-in, seating 100 indoors and 50 outdoors on a 200 sqm site
- Known for a high-quality, diverse menu with a loyal customer base
- Trades only five days a week
- Low overheads with rent covering all outgoings except electricity, no council rates
- Fully equipped commercial kitchen; all equipment owned except the coffee machine
- Strategic university position
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