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DealProspect/Listings/Hospitality & Tourism

Licensed Asian Restaurant, Box Hill

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
~$480,298
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,820,000
TTM
Earnings (est.)
~$324,870
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Well-known Asian restaurant in the vibrant Box Hill area
  • Positioned on a busy main road with exceptional exposure and heavy foot traffic
  • Newly renovated interior with luxury shop fittings
  • Spacious dining area seating up to 100
  • Full liquor licence trading until 1:00 am
  • Operated by the same owner for the past 5 years
  • Vendor claims the investment can be recovered in approximately one year