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 (248) →Listed
248
+19 in 30 days
Median asking
$215K
203 priced
Median revenue
$994K
180 disclose
Earnings multiple
2.2×
9 listings
Price drops
21
in 30 days
Asking price spread203 of 248 state a price
This listing · $389K
1%
Under $100K$2.5M–$5M
Australia 504 · New South Wales 114 · Queensland 75 · South Australia 25 · Western Australia 25
Cafes 441 · Takeaways 316 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67 · Manufacturing businesses 61
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