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DealProspect/Listings/Food & Beverage

Gong Cha Bubble Tea - Two Stores

Takeaway

ActiveFood & BeverageB2C
Asking price
~$455,000
est. from headline + $5,000 stock · AUD
Revenue (est.)
~$1,478,713
Estimated · comparable listings of this type and size
Earnings (est.)
~$332,578
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Two Gong Cha bubble tea stores, established by the vendor nearly 2 years ago
  • Already popular and profitable
  • Gong Cha recognised for tea quality, embraced by both Chinese and local markets
  • Over 90 franchised Gong Cha stores across Australia

Takeaways in Queensland

All 156
Listed
156
+35 in 30 days
Median asking
$205K
136 priced
Median revenue
$924K
86 disclose
Earnings multiple
1.7×
30 listings
Time listed
11d
53 tracked
Price drops
5
in 30 days
Asking price spread136 of 156 state a price
This listing · $450K
22%
31%
33%
12%
2%
Under $100K$1M–$2.5M

Victoria 404 · New South Wales 114 · Auckland 74 · Western Australia 24 · Bay of Plenty 10 · South Australia 8

Cafes 257 · Management rights businesses 146 · General retail businesses 142 · Restaurants 115 · Automotive workshops 89 · Building and construction businesses 71