Skip to main content
DealProspect/Listings/Food & Beverage

Restaurant Plant and Equipment Sale, Adelaide CBD

Restaurant

ActiveFood & BeverageSouth AustraliaB2C
Asking price
$85,000
Disclosed · AUD
Revenue (est.)
~$270,270
Estimated · comparable listings of this type and size
Earnings (est.)
~$62,144
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Sale of plant and equipment from the iconic Jasmin Restaurant in Adelaide CBD
  • Established for over 40 years with a strong local reputation
  • Private dining room for up to 35 guests plus main dining area
  • Approximately 270+ sqm of floor area with liquor licence for 130 seats
  • Approximately 10 years remaining on the lease at affordable CBD rent
  • Fully equipped commercial kitchen with no hire purchase contract

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 · $85K
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