Charcoal Chicken Bar, Frankston

Charcoal Chicken Bar, Frankston — Food & Beverage · Frankston, Melbourne · Asking $490,000 · Revenue $1,300,000

Straight charcoal chicken bar in Frankston Sells 700-750 chickens and 65-70 x 15kg boxes of chips per week Same owner for 15 years Low overheads and secure lease Suited to a large family or partnership

DealProspect/Listings/Food & Beverage

Charcoal Chicken Bar, Frankston

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$490,000

Disclosed · AUD

Revenue

$1,300,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Straight charcoal chicken bar in Frankston
Sells 700-750 chickens and 65-70 x 15kg boxes of chips per week
Same owner for 15 years
Low overheads and secure lease
Suited to a large family or partnership

How it compares

Takeaways in Victoria · asking prices

In line with takeaways here

Takeaways here ask a median 0.32× revenue. On its $1,300,000 revenue, that points to about $414,000; reads like this are typically within 30%, so $290,000 to $538,000. It asks $490,000, inside that range.

Asking price: $490,0002.6 times the median of $185,000
Revenue: $1,300,000median is $676,000
Revenue multiple: 0.38×0.32× across the market; higher than 172 of 231
Time listed: 111 daysno price change

Takeaways in Victoria

Takeaways for sale in Victoria (314) →

Listed

314

+35 in 30 days

Median asking

$185K

293 priced

Median revenue

$676K

248 disclose

Earnings multiple

1.3×

312 listings

Price drops

in 30 days

Asking price spread293 of 314 state a price

This listing · $490K

20%

41%

31%

Under $100K$1M–$2.5M

Australia 577 · New South Wales 114 · Queensland 107 · Western Australia 22 · South Australia 10

Cafes 441 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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