Asian Eatery in University Location

Asian Eatery in University Location — Hospitality & Tourism · Northeast Melbourne, Melbourne · Asking $389,000 + SAV · Revenue $800,000 · Net Profit $230,000

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…

DealProspect/Listings/Hospitality & Tourism

Asian Eatery in University Location

Restaurant

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

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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