Asian Street Food Restaurant, Surfers Paradise

Asian Street Food Restaurant, Surfers Paradise — Food & Beverage · Surfers Paradise · Asking $285,000 · Revenue $600,000

Asian street food restaurant with full liquor license in Surfers Paradise Brand-new fit-out throughout Located on a busy main road between two large neighbouring developments Vendor finance available to a suitable buyer Seller willing to stay on to assist with transition

DealProspect/Listings/Food & Beverage

Asian Street Food Restaurant, Surfers Paradise

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$285,000

Disclosed · AUD

Revenue

$600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Asian street food restaurant with full liquor license in Surfers Paradise
Brand-new fit-out throughout
Located on a busy main road between two large neighbouring developments
Vendor finance available to a suitable buyer
Seller willing to stay on to assist with transition

How it compares

Restaurants in Queensland · asking prices

93% above smaller restaurants here

Smaller restaurants here ask a median 0.25× revenue. On its $600,000 revenue, that points to about $148,000; reads like this are typically within 30%, so $104,000 to $192,000. It asks $285,000.

Asking price: $285,00043% above the median of $199,000
Revenue: $600,000median is $1,028,182
Revenue multiple: 0.47×0.28× across the market; 0.36× for bigger ones, 0.25× for smaller
Time listed: 129 daysno price change

Restaurants in Queensland

Restaurants for sale in Queensland (75) →

Listed

+9 in 30 days

Median asking

$199K

72 priced

Median revenue

$1M

34 disclose

Earnings multiple

1.2×

12 listings

Price drops

in 30 days

Asking price spread72 of 75 state a price

This listing · $285K

50%

17%

13%

Under $100K$2.5M–$5M

Australia 501 · Victoria 247 · New South Wales 112 · South Australia 25 · Western Australia 24

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