Long-Established Chinese Restaurant
Restaurant
ActiveHospitality & TourismB2C
Asking price
~$1,690,000
est. from headline + $40,000 stock · AUD
Revenue
$3,398,409
TTM
EBITDA
$1,427,654
Implied multiple (assumed)
~1.2×
Assumed · headline + $40,000 stock
Brief
- Long-established Chinese restaurant with a strong reputation and customer following, held by the same owners for many years.
- Well-trained team of staff.
- New 20-year lease (4x5 year options) direct from the owner, with reasonable rent.
- Prominent central location in a bustling entertainment precinct with strong street presence.
- Restaurant liquor licence in place.
- Currently run by a husband-and-wife team.
- Owners retiring.
- Scope to increase trading hours.
More hospitality & tourism businesses for sale
- Destination Restaurant & Events Venue – Coffs Coast, NSWFunction & Event Venue · New South Wales · $300,000
- Management Rights – Noosaville, QueenslandManagement Rights · $2,900,000
- Freehold Caravan Park – Charleville, QueenslandHoliday Park · $1,950,000
- Cafe – Pakenham, VictoriaCafe · $98,000
- Bubble Tea Business – Footscray, MelbourneCafe · Victoria · $250,000
- Soul Origin Cafe – Gold Coast Shopping CentreCafe · Queensland · $390,000
- Licensed Restaurant – Wivenhoe, TasmaniaRestaurant · Wivenhoe, Burnie · No Ingoing
- Red Rooster Franchise – Northern AdelaideTakeaway · Adelaide (Northern Suburbs) · Price by Negotiation