Licensed Chinese Restaurant, Caulfield North

Licensed Chinese Restaurant, Caulfield North — Hospitality & Tourism · Caulfield North, Melbourne · Asking $70,000 · Revenue $1,196,000-$1,300,000

Well-known licensed Chinese restaurant in Caulfield North blending Malaysian, Chinese and Japanese cuisine Trades 6 days a week (Tuesday-Sunday), taking between $23,000 and $25,000 per week Seating capacity of over 100; lease of 1+3 years with longer terms available Rent $1,320 per week plus GST Tax returns available to genuine buyers confirming weekly takings exceeding $20,000

DealProspect/Listings/Hospitality & Tourism

Licensed Chinese Restaurant, Caulfield North

Restaurant

ActiveHospitality & TourismVictoriaB2C

View original listing ↗

Asking price

$70,000

Disclosed · AUD

Revenue

$1,196,000-$1,300,000

TTM

Earnings (est.)

~$213,486

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-known licensed Chinese restaurant in Caulfield North blending Malaysian, Chinese and Japanese cuisine
Trades 6 days a week (Tuesday-Sunday), taking between $23,000 and $25,000 per week
Seating capacity of over 100; lease of 1+3 years with longer terms available
Rent $1,320 per week plus GST
Tax returns available to genuine buyers confirming weekly takings exceeding $20,000

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