Fully-Managed Hotpot Restaurant, Gold Coast

Fully-Managed Hotpot Restaurant, Gold Coast — Food & Beverage · Gold Coast · Asking $150,000 · Revenue $700,000 · Net Profit $130,000

Fully managed coastal hotpot restaurant trading since May 2019 Team of 6 staff including a full-time manager Secure lease in place until May 2029 Located on a busy main road near light rail and commercial hubs

DealProspect/Listings/Food & Beverage

Fully-Managed Hotpot Restaurant, Gold Coast

Restaurant

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue

$700,000

TTM

Net Profit

$130,000

Implied multiple

1.2×

asking / earnings

Brief

Fully managed coastal hotpot restaurant trading since May 2019
Team of 6 staff including a full-time manager
Secure lease in place until May 2029
Located on a busy main road near light rail and commercial hubs

How it compares

Restaurants in Queensland · asking prices

In line with smaller restaurants here

Smaller restaurants here ask a median 0.25× revenue. On its $700,000 revenue, that points to about $172,000; reads like this are typically within 30%, so $120,000 to $224,000. It asks $150,000, inside that range.

Asking price: $150,00025% below the median of $199,000
Revenue: $700,000median is $1,028,182
Revenue multiple: 0.21×0.28× across the market; 0.36× for bigger ones, 0.25× for smaller
Time listed: 130 daysno price change

Restaurants in Queensland

Restaurants for sale in Queensland (74) →

Listed

+9 in 30 days

Median asking

$199K

71 priced

Median revenue

$1M

34 disclose

Earnings multiple

1.3×

13 listings

Price drops

in 30 days

Asking price spread71 of 74 state a price

This listing · $150K

51%

15%

13%

Under $100K$2.5M–$5M

Australia 488 · Victoria 237 · New South Wales 111 · South Australia 25 · Western Australia 23

Cafes 140 · Takeaways 106 · Automotive workshops 75 · General retail businesses 56 · Manufacturing businesses 56 · Hair salons 53

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