Licensed Vietnamese Restaurant, Glenelg

Licensed Vietnamese Restaurant, Glenelg — Food & Beverage · Glenelg, Adelaide · Asking $150,000

Vietnamese restaurant in a prominent bayside position at Glenelg Fully licenced with a full kitchen Bustling area with strong daily foot traffic Exceptional shop front with an impressive fitout and spacious layout Easy to manage as-is and suitable for other high-profile eateries

DealProspect/Listings/Food & Beverage

Licensed Vietnamese Restaurant, Glenelg

Restaurant

ActiveFood & BeverageSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue (est.)

Earnings

—

Implied multiple

—

Brief

Vietnamese restaurant in a prominent bayside position at Glenelg
Fully licenced with a full kitchen
Bustling area with strong daily foot traffic
Exceptional shop front with an impressive fitout and spacious layout
Easy to manage as-is and suitable for other high-profile eateries

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Listed

+6 in 30 days

Median asking

$175K

22 priced

Median revenue

$742K

15 disclose

Earnings multiple

1.3×

312 listings

Asking price spread22 of 25 state a price

This listing · $150K

32%

36%

23%

Under $100K$500K–$1M

Australia 501 · Victoria 247 · New South Wales 112 · Queensland 75 · Western Australia 24

Cafes 34 · General retail businesses 11 · Hair salons 11 · Building and construction businesses 10 · Hotels 10 · Takeaways 10

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