Sushi Bar, Queen Victoria Market

Sushi Bar, Queen Victoria Market — Food & Beverage · Melbourne, VIC · Asking $550,000 · Revenue $1,300,000

Located in a hot-spot position at the Queen Victoria Market Trades with a 3pm close, closed Mondays and Wednesdays Fully under management, staff-operated All food prepared on premises Low overheads with an opportunity to increase takings under an owner-operator

DealProspect/Listings/Food & Beverage

Sushi Bar, Queen Victoria Market

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$1,300,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Located in a hot-spot position at the Queen Victoria Market
Trades with a 3pm close, closed Mondays and Wednesdays
Fully under management, staff-operated
All food prepared on premises
Low overheads with an opportunity to increase takings under an owner-operator

How it compares

Takeaways in Victoria · asking prices

32% above takeaways here

Takeaways here ask a median 0.32× revenue. On its $1,300,000 revenue, that points to about $417,000; reads like this are typically within 30%, so $292,000 to $542,000. It asks $550,000.

Asking price: $550,0003.0 times the median of $182,500
Revenue: $1,300,000median is $676,000
Revenue multiple: 0.42×0.32× across the market; higher than 210 of 234
Time listed: 111 daysno price change

Takeaways in Victoria

Takeaways for sale in Victoria (314) →

Listed

314

+38 in 30 days

Median asking

$183K

292 priced

Median revenue

$676K

252 disclose

Earnings multiple

1.3×

313 listings

Price drops

in 30 days

Asking price spread292 of 314 state a price

This listing · $550K

20%

41%

32%

Under $100K$1M–$2.5M

Australia 577 · New South Wales 115 · Queensland 106 · Western Australia 22 · South Australia 10

Cafes 442 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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