Jin's Bibimbar Korean Cafe & Takeaway – Cumberland Park

Jin's Bibimbar Korean Cafe & Takeaway – Cumberland Park — Food & Beverage · Cumberland Park, Adelaide · Asking $98,000 · Revenue $520,000

Korean bibimbap cafe with catering and takeaway offering at 480 Goodwood Road, Cumberland Park. Weekly sales $10,000; weekly rental $600 on a month-by-month lease.

DealProspect/Listings/Food & Beverage

Jin's Bibimbar Korean Cafe & Takeaway – Cumberland Park

Cafe

ActiveFood & BeverageSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

$98,000

Disclosed · AUD

Revenue

$520,000

TTM

Earnings (est.)

~$126,672

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Korean bibimbap cafe with catering and takeaway offering at 480 Goodwood Road, Cumberland Park.
Weekly sales $10,000; weekly rental $600 on a month-by-month lease.

Cafes in South Australia

All 30 →

Listed

+3 in 30 days

Median asking

$140K

28 priced

Median revenue

$728K

9 disclose

Earnings multiple

1.4×

258 listings

Price drops

in 30 days

Asking price spread28 of 30 state a price

This listing · $98K

46%

32%

18%

Under $100K$500K–$1M

Australia 1386 · Victoria 885 · New South Wales 244 · Queensland 143 · Western Australia 28 · Tasmania 8

Hair salons 40 · Restaurants 26 · Building and construction businesses 10 · General retail businesses 10 · Takeaways 10 · Beauty salons 9

Priced like this one

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