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DealProspect/Listings/Food & Beverage

Portuguese Restaurant & Bar (New, No Goodwill)

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
$600,000
Disclosed · AUD
Revenue (est.)
~$1,497,753
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$310,479
Estimated · comparable listings of this type and size · typically within ±35%
Typical multiple
~1.9×
comparable listings of this type and size · typically within ±35%

Brief

  • New Portuguese restaurant and bar planned to open soon, with no goodwill to pay
  • Specialising in Portuguese Peri-Peri chicken, wine, sherry and port
  • Menu structured for the target clientele
  • Backed by a hospitality professional
  • Something different for the local area

Restaurants in New South Wales

All 101
Listed
101
+10 in 30 days
Median asking
$300K
79 priced
Median revenue
$1.4M
51 disclose
Earnings multiple
1.1×
15 listings
Price drops
6
in 30 days
Asking price spread79 of 101 state a price
This listing · $600K
13%
27%
38%
15%
1%
Under $100KOver $5M

Australia 1268 · Victoria 1024 · Queensland 72 · South Australia 28 · Western Australia 24

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