Chinese Restaurant, Gold Coast
Restaurant
ActiveFood & BeverageQueenslandB2C
Asking price
$198,000
Disclosed · AUD
Revenue
$780,000
TTM
Net Profit
$300,000
Implied multiple
0.7×
asking / earnings
Brief
- Chinese restaurant established 45 years ago in a Gold Coast suburb
- Present owner took over the business in 2019
- Liquor licence in place, trades mainly evenings
- Long-term lease to 2029 including further options
- Owners retiring and relocating to China
More food & beverage businesses for sale
- Licensed Cafe, Macquarie ParkCafe · New South Wales · $89,000
- Designer Restaurant, Parramatta CBDRestaurant · New South Wales · AUD 100000
- Thai Restaurant & Takeaway, St KildaRestaurant · Victoria · $95,000
- Licensed Restaurant, KewRestaurant · Victoria · $135,000
- Takeaway Business, DandenongTakeaway · Victoria · $88,000
- Licensed Restaurant, CarnegieRestaurant · Victoria · $125,000
- Pizza Shop & Takeaway, SydenhamTakeaway · $99,000
- Pizza Shop & Takeaway, BlackburnTakeaway · Victoria · $349,000