Chinese Restaurant with Liquor Licence - Adelaide

Chinese Restaurant with Liquor Licence - Adelaide — Food & Beverage · Adelaide · Asking $199,000 + Stock · Revenue $742,000

Long-established Chinese restaurant with a liquor licence in Adelaide's western suburbs. Trades six days a week, dinner service only, in a waterfront tourist location. Fully equipped commercial kitchen with a walk-in cool room. Spacious premises with a long, stable lease in place. All plant and equipment included in the sale.

DealProspect/Listings/Food & Beverage

Chinese Restaurant with Liquor Licence - Adelaide

Restaurant

ActiveFood & BeverageSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$742,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

• Long-established Chinese restaurant with a liquor licence in Adelaide's western suburbs. • Trades six days a week, dinner service only, in a waterfront tourist location. • Fully equipped commercial kitchen with a walk-in cool room. • Spacious premises with a long, stable lease in place. • All plant and equipment included in the sale.

How it compares

Restaurants in South Australia · asking prices

In line with smaller restaurants here

Smaller restaurants here ask a median 0.29× revenue. On its $742,000 revenue, that points to about $214,000; reads like this are typically within 30%, so $150,000 to $278,000. It asks $199,000, inside that range.

Asking price: $199,000about the median of $174,500
Revenue: $742,000median is $742,000
Revenue multiple: 0.27×0.32× across the market; 0.35× for bigger ones, 0.29× for smaller
Time listed: 112 daysno price change

Restaurants in South Australia

Restaurants for sale in South Australia (25) →

Listed

+6 in 30 days

Median asking

$175K

22 priced

Median revenue

$742K

15 disclose

Earnings multiple

1.3×

313 listings

Asking price spread22 of 25 state a price

This listing · $199K

32%

36%

23%

Under $100K$500K–$1M

Australia 500 · Victoria 247 · New South Wales 112 · Queensland 74 · Western Australia 25

Cafes 34 · General retail businesses 11 · Hair salons 11 · Hotels 10 · Takeaways 10 · Building and construction businesses 9

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