Fish & Chips / Seafood Business – Tweed Shire

Fish & Chips / Seafood Business – Tweed Shire — Food & Beverage · Tweed Shire · Asking $260,000 · Revenue $1,000,000 · Owner Earnings $200,000

Fish & chips and fresh seafood business in a busy suburban shopping centre with Coles as the key tenant, Tweed Shire Loyal local, year-round customer base of retirees and families Turnover steadily increasing since establishment Good systems and procedures in place, with solid lease terms

DealProspect/Listings/Food & Beverage

Fish & Chips / Seafood Business – Tweed Shire

Takeaway

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,000,000

TTM

Owner Earnings

$200,000

Implied multiple (assumed)

Brief

Fish & chips and fresh seafood business in a busy suburban shopping centre with Coles as the key tenant, Tweed Shire
Loyal local, year-round customer base of retirees and families
Turnover steadily increasing since establishment
Good systems and procedures in place, with solid lease terms

How it compares

Takeaways in New South Wales · asking prices

In line with takeaways here

Takeaways here ask a median 0.29× revenue. On its $1,000,000 revenue, that points to about $290,000; reads like this are typically within 30%, so $203,000 to $377,000. It asks $260,000, inside that range.

Asking price: $260,00021% above the median of $215,000
Revenue: $1,000,000median is $768,182
Revenue multiple: 0.26×0.29× across the market; higher than 27 of 75
Time listed: 117 daysno price change

Takeaways in New South Wales

Takeaways for sale in New South Wales (114) →

Listed

114

+9 in 30 days

Median asking

$215K

109 priced

Median revenue

$768K

78 disclose

Earnings multiple

1×

51 listings

Price drops

in 30 days

Asking price spread109 of 114 state a price

This listing · $260K

17%

40%

31%

Under $100K$1M–$2.5M

Australia 577 · Victoria 314 · Queensland 107 · Western Australia 22 · South Australia 10

Cafes 186 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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