Melbourne CBD Asian Restaurant

Melbourne CBD Asian Restaurant — Food & Beverage · Melbourne · Asking $190,000 · Revenue $1,820,000

City of Melbourne hot-spot location trading 7 days Liquor licence until 11pm, closes at 9pm Seating for 100 indoors plus outdoor seating Same owner for 7 years Low overheads with a secure lease

DealProspect/Listings/Food & Beverage

Melbourne CBD Asian Restaurant

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$190,000

Disclosed · AUD

Revenue

$1,820,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

City of Melbourne hot-spot location trading 7 days
Liquor licence until 11pm, closes at 9pm
Seating for 100 indoors plus outdoor seating
Same owner for 7 years
Low overheads with a secure lease

How it compares

Restaurants in Victoria · asking prices

62% below restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,820,000 revenue, that points to about $494,000; reads like this are typically within 30%, so $346,000 to $642,000. It asks $190,000.

Asking price: $190,00014% below the median of $220,000
Revenue: $1,820,000median is $1,040,000
Revenue multiple: 0.1×0.27× across the market; higher than 4 of 150
Time listed: 112 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (237) →

Listed

237

+20 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

173 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread194 of 237 state a price

This listing · $190K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 488 · New South Wales 111 · Queensland 74 · South Australia 25 · Western Australia 23

Cafes 438 · Takeaways 314 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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