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Profitable Asian Restaurant – Bayside

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
Revenue
$988,000
TTM
Earnings (est.)
Implied multiple
n/a
Price includes the property

Brief

  • Asian café/restaurant near Carrum Downs with a bayside location
  • Holds a liquor licence
  • Indoor and outdoor dining
  • Near the train station and within walking distance of the beach
  • Includes a two-bedroom residential dwelling on site
  • Open 6 days with potential to open 7
Listed
242
+21 in 30 days
Median asking
$218K
198 priced
Median revenue
$1M
175 disclose
Earnings multiple
2.1×
10 listings
Price drops
22
in 30 days
Asking price spread198 of 242 state a price
12%
44%
24%
12%
2%
Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 448 · Takeaways 316 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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