Chicken Bar - Chelsea

Chicken Bar - Chelsea — Food & Beverage · Chelsea, Melbourne · Asking $328,000 · Revenue $884,000

Chicken bar in Chelsea selling chicken, chips and salads Trades 6 days a week, closed Mondays Cheap rent on a long lease Fully equipped, easy to run Described as having a high profit margin

DealProspect/Listings/Food & Beverage

Chicken Bar - Chelsea

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$328,000

Disclosed · AUD

Revenue

$884,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Chicken bar in Chelsea selling chicken, chips and salads
Trades 6 days a week, closed Mondays
Cheap rent on a long lease
Fully equipped, easy to run
Described as having a high profit margin

How it compares

Takeaways in Victoria · asking prices

In line with takeaways here

Takeaways here ask a median 0.32× revenue. On its $884,000 revenue, that points to about $283,000; reads like this are typically within 30%, so $198,000 to $368,000. It asks $328,000, inside that range.

Asking price: $328,00080% above the median of $182,500
Revenue: $884,000median is $676,000
Revenue multiple: 0.37×0.32× across the market; higher than 167 of 233
Time listed: 113 daysno price change

Takeaways in Victoria

Takeaways for sale in Victoria (314) →

Listed

314

+35 in 30 days

Median asking

$183K

292 priced

Median revenue

$676K

251 disclose

Earnings multiple

1.3×

311 listings

Price drops

in 30 days

Asking price spread292 of 314 state a price

This listing · $328K

20%

41%

32%

Under $100K$1M–$2.5M

Australia 580 · New South Wales 117 · Queensland 106 · Western Australia 23 · South Australia 10

Cafes 438 · Restaurants 237 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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