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DealProspect/Listings/Food & Beverage

Franchise Burger Restaurant, Park Ridge

Takeaway

ActiveFood & BeverageQueenslandB2C
Asking price
$350,000
Disclosed · AUD
Revenue
$1,508,000
TTM
Earnings (est.)
~$222,279
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Franchised burger restaurant in a shopping centre at Park Ridge, Queensland
  • New store with current takings around $29,000 a week
  • The only establishment with a Liquor Licence in the immediate area
  • 6-year lease with weekly rent and outgoings around $1,400 + GST
  • Franchisor provides supply lines, recipes and an operating manual
  • Customers are typically aged 20 to 45 seeking casual dining