Licensed Chinese Restaurant, Mitcham
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$120,000
Disclosed · AUD
Revenue
$260,000
TTM
Earnings (est.)
~$65,572
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Licensed Chinese restaurant in Mitcham, trading 5 days a week
- Seats approximately 40 patrons with a fully equipped commercial kitchen
- Located on a busy main road with heavy foot traffic
- 8-year lease term, low rent and outgoings
- Long-established restaurant with a loyal base of regular customers
More food & beverage businesses for sale
- Licensed Cafe, Macquarie ParkCafe · New South Wales · $89,000
- Designer Restaurant, Parramatta CBDRestaurant · New South Wales · AUD 100000
- Thai Restaurant & Takeaway, St KildaRestaurant · Victoria · $95,000
- Licensed Restaurant, KewRestaurant · Victoria · $135,000
- Takeaway Business, DandenongTakeaway · Victoria · $88,000
- Licensed Restaurant, CarnegieRestaurant · Victoria · $125,000
- Pizza Shop & Takeaway, SydenhamTakeaway · $99,000
- Pizza Shop & Takeaway, BlackburnTakeaway · Victoria · $349,000