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DealProspect/Listings/Food & Beverage

Profitable Asian Restaurant – Bayside

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
~$988,000
est. from 1× revenue · AUD
Revenue
$988,000
TTM
Earnings (est.)
~$246,605
Estimated · comparable listings of this type and size · typically within ±25%
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
247
+19 in 30 days
Median asking
$218K
202 priced
Median revenue
$1M
179 disclose
Earnings multiple
2.2×
9 listings
Price drops
20
in 30 days
Asking price spread202 of 247 state a price
12%
45%
24%
11%
1%
Under $100K$2.5M–$5M

Australia 500 · New South Wales 112 · Queensland 74 · South Australia 25 · Western Australia 25

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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