Asian Restaurant - Papakura Hospitality Site

Asian Restaurant - Papakura Hospitality Site — Food & Beverage · Papakura, Auckland · Asking $68,000 · Revenue $312,000

Hospitality site in Papakura currently trading as an Asian restaurant Over 100sqm with a fully equipped commercial kitchen and dining area Plenty of customer parking and easy access Suits continuing the current concept or rebranding Selling due to the owner's family commitments

DealProspect/Listings/Food & Beverage

Asian Restaurant - Papakura Hospitality Site

Restaurant

ActiveFood & BeverageAucklandB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$312,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Hospitality site in Papakura currently trading as an Asian restaurant
Over 100sqm with a fully equipped commercial kitchen and dining area
Plenty of customer parking and easy access
Suits continuing the current concept or rebranding
Selling due to the owner's family commitments

How it compares

Restaurants in Auckland · asking prices

In line with smaller restaurants here

Smaller restaurants here ask a median 0.22× revenue. On its $312,000 revenue, that points to about $67,500; reads like this are typically within 30%, so $47,300 to $87,800. It asks $68,000, inside that range.

Asking price: $68,00055% below the median of $150,000
Revenue: $312,000median is $726,102
Revenue multiple: 0.22×0.27× across the market; 0.32× for bigger ones, 0.22× for smaller
Time listed: 173 daysno price change

Restaurants in Auckland

Restaurants for sale in Auckland (58) →

Listed

+8 in 30 days

Median asking

$150K

54 priced

Median revenue

$726K

38 disclose

Earnings multiple

2×

61 listings

Time listed

57d

30 tracked

Price drops

in 30 days

Asking price spread54 of 58 state a price

This listing · $68K

33%

41%

19%

Under $100K$1M–$2.5M

New Zealand 105 · Canterbury 13

Takeaways 64 · Cafes 46 · Wholesale and distribution businesses 19 · Liquor stores 14 · Building and construction businesses 13 · Manufacturing businesses 13

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