Established Thai Restaurant - Gold Coast

Established Thai Restaurant - Gold Coast — Food & Beverage · Gold Coast · Asking $150,000 · Revenue $609,830 · Profit $244,000

Family-owned Thai restaurant trading for 16 years, half a block from the beach Approximately 80% takeaway and 20% dine-in trade with 20 seats Trades six short nights a week, 5pm-9pm Not affected by seasonal tourist activity Solid team in place to continue operations

DealProspect/Listings/Food & Beverage

Established Thai Restaurant - Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue

$609,830

TTM

Profit

$244,000

Implied multiple

0.6×

asking / earnings

Brief

Family-owned Thai restaurant trading for 16 years, half a block from the beach
Approximately 80% takeaway and 20% dine-in trade with 20 seats
Trades six short nights a week, 5pm-9pm
Not affected by seasonal tourist activity
Solid team in place to continue operations

How it compares

Restaurants in Queensland · asking prices

In line with smaller restaurants here

Smaller restaurants here ask a median 0.25× revenue. On its $609,830 revenue, that points to about $150,000; reads like this are typically within 30%, so $105,000 to $195,000. It asks $150,000, inside that range.

Asking price: $150,00025% below the median of $199,000
Revenue: $609,830median is $1,040,000
Revenue multiple: 0.25×0.29× across the market; 0.36× for bigger ones, 0.25× for smaller
Time listed: 129 daysno price change

Restaurants in Queensland

Restaurants for sale in Queensland (75) →

Listed

+10 in 30 days

Median asking

$199K

72 priced

Median revenue

$1M

35 disclose

Earnings multiple

1.3×

13 listings

Price drops

in 30 days

Asking price spread72 of 75 state a price

This listing · $150K

50%

15%

14%

Under $100K$2.5M–$5M

Australia 494 · Victoria 242 · New South Wales 111 · South Australia 25 · Western Australia 23

Cafes 139 · Takeaways 108 · Automotive workshops 75 · General retail businesses 59 · Manufacturing businesses 57 · Hair salons 54

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