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DealProspect/Listings/Food & Beverage

Licensed Chinese Restaurant – Mount Waverley VIC

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$158,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$157,373
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Long-established restaurant under the same ownership for over 20 years
  • Weekly takings of $12,000 with stable, consistent trading
  • Spacious premises with approximately 60 seats, walk-in cool room and full liquor licence
  • Located in a vibrant commercial precinct in Mount Waverley with plenty of parking
  • Low rent of $860 per week with a 10-year secure lease
  • Currently operating only 5 days per week — scope to increase turnover through extended hours