Licensed Thai Restaurant, Melbourne CBD

Licensed Thai Restaurant, Melbourne CBD — Food & Beverage · Melbourne CBD · Asking $1,200,000 · Revenue $4,160,000

Established Thai restaurant in Melbourne's CBD, licensed until 1am 200 sqm dining room seating 100+ with a fully equipped commercial kitchen Established in 2008, under current ownership since 2017 Lease runs to April 2038 with annual CPI rent increases Convertible to another concept subject to landlord approval

DealProspect/Listings/Food & Beverage

Licensed Thai Restaurant, Melbourne CBD

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,200,000

Disclosed · AUD

Revenue

$4,160,000

TTM

Earnings (est.)

~$684,948

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Established Thai restaurant in Melbourne's CBD, licensed until 1am
200 sqm dining room seating 100+ with a fully equipped commercial kitchen
Established in 2008, under current ownership since 2017
Lease runs to April 2038 with annual CPI rent increases
Convertible to another concept subject to landlord approval

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $4,160,000 revenue, that points to about $1,120,000; reads like this are typically within 30%, so $784,000 to $1,460,000. It asks $1,200,000, inside that range.

Asking price: $1,200,0005.5 times the median of $217,500
Revenue: $4,160,000median is $1,000,000
Revenue multiple: 0.29×0.27× across the market; higher than 88 of 154
Time listed: 127 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $1.2M

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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