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 $323,000; reads like this are typically within 30%, so $226,000 to $420,000. It asks $550,000.

Asking price: $550,0002.5 times the median of $217,500
Revenue: $1,196,000median is $1,000,000
Revenue multiple: 0.46×0.27× across the market; higher than 141 of 154
Time listed: 110 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 · $550K

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 316 · General retail businesses 71 · Supermarkets 69 · Newsagencies 67 · Manufacturing businesses 60

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