Thai Restaurant - Glen Waverley

Thai Restaurant - Glen Waverley — Food & Beverage · Glen Waverley, VIC · Asking $550,000 · Revenue $1,196,000

Licensed Thai restaurant seating 80 people Trades 6 days per week Same owner for 15 years Secure lease in a busy location

DealProspect/Listings/Food & Beverage

Thai Restaurant - Glen Waverley

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$1,196,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Licensed Thai restaurant seating 80 people
Trades 6 days per week
Same owner for 15 years
Secure lease in a busy location

How it compares

Restaurants in Victoria · asking prices

70% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,196,000 revenue, that points to about $324,000; reads like this are typically within 30%, so $227,000 to $421,000. It asks $550,000.

Asking price: $550,0002.5 times the median of $217,500
Revenue: $1,196,000median is $1,040,000
Revenue multiple: 0.46×0.27× across the market; higher than 138 of 151
Time listed: 111 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (242) →

Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $550K

12%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 448 · Takeaways 316 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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