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DealProspect/Listings/Hospitality & Tourism

One Hat Korean Restaurant, Sydney CBD

Restaurant

ActiveHospitality & TourismNew South WalesB2C
Asking price
~$1,201,736
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$3,068,000
TTM
Earnings (est.)
~$564,434
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Acclaimed dining venue in Sydney CBD near Wynyard
  • Awarded a Good Food Guide One Hat every year since 2021
  • Modern Australian technique applied to contemporary Korean cuisine
  • Modern 90-seat fit-out with premium commercial kitchen and bar
  • Secure long-term lease with liquor licence
  • Turnkey operation with consistent management and staff in place