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Asian Eatery in University Location

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$389,000 + stock
Disclosed · AUD
Revenue
$800,000
TTM
Net Profit
$230,000
Implied multiple
n/a
Stock is extra · value not stated

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

Restaurants in Victoria

Restaurants for sale in Victoria (242) →
Listed
242
+21 in 30 days
Median asking
$218K
198 priced
Median revenue
$1M
175 disclose
Earnings multiple
2.1×
10 listings
Price drops
22
in 30 days
Asking price spread198 of 242 state a price
This listing · $389K
12%
44%
24%
12%
2%
Under $100K$2.5M–$5M

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