Established Thai Restaurant – Cairns

Established Thai Restaurant – Cairns — Food & Beverage · Cairns · Asking $125,000

Well-known Thai restaurant, True Thai Cairns, in North Queensland's tourism and lifestyle market Asking price reduced from $199,000 to $125,000 as owner is ready to retire Draws dine-in, takeaway, repeat local and visitor trade Recognisable branding in the high-profile Cairns market Scope to grow through delivery, marketing, extended hours and functions

DealProspect/Listings/Food & Beverage

Established Thai Restaurant – Cairns

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$125,000

Disclosed · AUD

Revenue (est.)

~$402,447

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

Earnings

—

Implied multiple

—

Brief

Well-known Thai restaurant, True Thai Cairns, in North Queensland's tourism and lifestyle market
Asking price reduced from $199,000 to $125,000 as owner is ready to retire
Draws dine-in, takeaway, repeat local and visitor trade
Recognisable branding in the high-profile Cairns market
Scope to grow through delivery, marketing, extended hours and functions

Restaurants in Queensland

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Listed

+8 in 30 days

Median asking

$199K

71 priced

Median revenue

$1M

34 disclose

Earnings multiple

1.2×

12 listings

Price drops

in 30 days

Asking price spread71 of 74 state a price

This listing · $125K

51%

15%

13%

Under $100K$2.5M–$5M

Australia 500 · Victoria 247 · New South Wales 112 · South Australia 25 · Western Australia 25

Cafes 142 · Takeaways 107 · Automotive workshops 75 · General retail businesses 63 · Manufacturing businesses 56 · Hair salons 52

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