Thai Restaurant, Gold Coast

Thai Restaurant, Gold Coast — Food & Beverage · Gold Coast · Asking $198,000 · Revenue $416,000 · Owner Earnings $156,000

Thai restaurant trading 6 days per week, dinner service only Long-term lease in place until 2090 with low weekly rent Current owner took over the business two years ago Fully equipped and fully staffed kitchen Owner relocating overseas, seeking a seamless handover

DealProspect/Listings/Food & Beverage

Thai Restaurant, Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$198,000

Disclosed · AUD

Revenue

$416,000

TTM

Owner Earnings

$156,000

Implied multiple

1.3×

asking / earnings

Brief

Thai restaurant trading 6 days per week, dinner service only
Long-term lease in place until 2090 with low weekly rent
Current owner took over the business two years ago
Fully equipped and fully staffed kitchen
Owner relocating overseas, seeking a seamless handover

How it compares

Restaurants in Queensland · asking prices

94% above smaller restaurants here

Smaller restaurants here ask a median 0.25× revenue. On its $416,000 revenue, that points to about $102,000; reads like this are typically within 30%, so $71,400 to $133,000. It asks $198,000.

Asking price: $198,000about the median of $199,000
Revenue: $416,000median is $1,028,182
Revenue multiple: 0.48×0.28× across the market; 0.36× for bigger ones, 0.25× for smaller
Time listed: 127 daysno price change

Restaurants in Queensland

Restaurants for sale in Queensland (74) →

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 · $198K

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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