Indian Restaurant, Craigieburn

Indian Restaurant, Craigieburn — Food & Beverage · Craigieburn, Melbourne · Asking $179,000 · Revenue $936,000

Long-standing Indian restaurant fully under management High-traffic street location with a reliable, well-trained team Reasonable rent under a secure lease Loyal, long-term customer base

DealProspect/Listings/Food & Beverage

Indian Restaurant, Craigieburn

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$179,000

Disclosed · AUD

Revenue

$936,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-standing Indian restaurant fully under management
High-traffic street location with a reliable, well-trained team
Reasonable rent under a secure lease
Loyal, long-term customer base

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $936,000 revenue, that points to about $253,000; reads like this are typically within 30%, so $177,000 to $329,000. It asks $179,000, inside that range.

Asking price: $179,00018% below the median of $217,500
Revenue: $936,000median is $1,000,000
Revenue multiple: 0.19×0.27× across the market; higher than 33 of 154
Time listed: 111 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 · $179K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 441 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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