Thai Restaurant, Fitzroy

Thai Restaurant, Fitzroy — Food & Beverage · Fitzroy · Asking $129,000 · Revenue $832,000

Long-standing Thai restaurant in a prime street-front location in Fitzroy, a popular inner-Melbourne dining area Local and celebrity favourite with a loyal following Currently trading six nights a week, with room to add a further trading night Large, fully equipped kitchen with seating for around 55 guests indoor and outdoor Fully staffed for a seamless transition to new ownership

DealProspect/Listings/Food & Beverage

Thai Restaurant, Fitzroy

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$129,000

Disclosed · AUD

Revenue

$832,000

TTM

Earnings (est.)

~$139,280

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~0.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

• Long-standing Thai restaurant in a prime street-front location in Fitzroy, a popular inner-Melbourne dining area • Local and celebrity favourite with a loyal following • Currently trading six nights a week, with room to add a further trading night • Large, fully equipped kitchen with seating for around 55 guests indoor and outdoor • Fully staffed for a seamless transition to new ownership

How it compares

Restaurants in Victoria · asking prices

43% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $832,000 revenue, that points to about $225,000; reads like this are typically within 30%, so $158,000 to $293,000. It asks $129,000.

Asking price: $129,00041% below the median of $217,500
Revenue: $832,000median is $1,000,000
Revenue multiple: 0.16×0.27× across the market; higher than 25 of 154
Time listed: 108 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $129K

12%

45%

24%

11%

Under $100K$2.5M–$5M

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

Cafes 436 · Takeaways 315 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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