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DealProspect/Listings/Food & Beverage

Chinese Restaurant, Western Suburbs Adelaide

Restaurant

ActiveFood & BeverageSouth AustraliaB2C
Asking price
~$229,000
est. from headline + $30,000 stock · AUD
Revenue
$742,000
TTM
Earnings (est.)
~$185,500
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.2×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Profitable Chinese restaurant with a liquor licence in Adelaide's western suburbs
  • Established for more than 16 years, with a consistent growth trend
  • Prime waterfront location in a tourist destination with amazing views
  • Dinner-only trade six days a week, offering good work-life balance
  • Fully equipped commercial kitchen with a walk-in coolroom in spacious premises

Restaurants in South Australia

All 29
Listed
29
+5 in 30 days
Median asking
$199K
25 priced
Median revenue
$784K
10 disclose
Earnings multiple
1.6×
135 listings
Time listed
24d
9 tracked
Price drops
1
in 30 days
Asking price spread25 of 29 state a price
This listing · $199K
40%
24%
12%
20%
4%
Under $100K$2.5M–$5M

Victoria 327 · Queensland 115 · New South Wales 101 · Auckland 53 · Western Australia 21 · Canterbury 15

Hair salons 42 · Cafes 30 · General retail businesses 28 · Building and construction businesses 10 · Automotive workshops 8 · Beauty salons 8