Korean & Asian Takeaway Restaurant, Parramatta

Korean & Asian Takeaway Restaurant, Parramatta — Food & Beverage · Parramatta · Asking $180,000 · Revenue $1,323,636 · Net Profit $442,000

Takeaway and restaurant serving Korean and Asian cuisine in Parramatta Menu includes bibimbap, bento boxes, fried chicken, noodles and rice dishes Popular with office and residential workers 26 seats inside and 10 seats outside with full kitchen and cool room 150 sq m premises with wide frontage on a busy main road Trades 7 days a week Scope to expand the takeaway menu and increase promotion

DealProspect/Listings/Food & Beverage

Korean & Asian Takeaway Restaurant, Parramatta

Takeaway

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

~$185,000

est. from headline + $5,000 stock · AUD

Revenue

$1,323,636

TTM

Net Profit

$442,000

Implied multiple (assumed)

~0.4×

Assumed · headline + $5,000 stock

Brief

Takeaway and restaurant serving Korean and Asian cuisine in Parramatta
Menu includes bibimbap, bento boxes, fried chicken, noodles and rice dishes
Popular with office and residential workers
26 seats inside and 10 seats outside with full kitchen and cool room
150 sq m premises with wide frontage on a busy main road
Trades 7 days a week
Scope to expand the takeaway menu and increase promotion

How it compares

Takeaways in New South Wales · asking prices

53% below takeaways here

Takeaways here ask a median 0.29× revenue. On its $1,323,636 revenue, that points to about $383,000; reads like this are typically within 30%, so $268,000 to $498,000. It asks $180,000.

Asking price: $180,00016% below the median of $215,000
Revenue: $1,323,636median is $768,182
Revenue multiple: 0.14×0.29× across the market; higher than 7 of 75
Time listed: 126 daysno price change

Takeaways in New South Wales

Takeaways for sale in New South Wales (114) →

Listed

114

+9 in 30 days

Median asking

$215K

109 priced

Median revenue

$768K

78 disclose

Earnings multiple

1×

51 listings

Price drops

in 30 days

Asking price spread109 of 114 state a price

This listing · $180K

17%

40%

31%

Under $100K$1M–$2.5M

Australia 578 · Victoria 315 · Queensland 107 · Western Australia 22 · South Australia 10

Cafes 187 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45 · General retail businesses 42

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