Licensed Indian & Nepalese Restaurant, Elsternwick

Licensed Indian & Nepalese Restaurant, Elsternwick — Food & Beverage · Elsternwick · Asking $90,000 · Revenue $416,000

Established Indian and Nepalese restaurant trading for eight years in Elsternwick Loyal local customer base and generating approximately $8,000 per week in turnover Seating for around 50 patrons, fully equipped commercial kitchen and walk-in cool room Liquor licence until 11pm and secure long-term lease Flexible for continued trading or a rebrand, subject to council approval

DealProspect/Listings/Food & Beverage

Licensed Indian & Nepalese Restaurant, Elsternwick

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$90,000

Disclosed · AUD

Revenue

$416,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established Indian and Nepalese restaurant trading for eight years in Elsternwick
Loyal local customer base and generating approximately $8,000 per week in turnover
Seating for around 50 patrons, fully equipped commercial kitchen and walk-in cool room
Liquor licence until 11pm and secure long-term lease
Flexible for continued trading or a rebrand, subject to council approval

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $416,000 revenue, that points to about $112,000; reads like this are typically within 30%, so $78,400 to $146,000. It asks $90,000, inside that range.

Asking price: $90,00059% below the median of $217,500
Revenue: $416,000median is $1,000,000
Revenue multiple: 0.22×0.27× across the market; higher than 47 of 154
Time listed: 87 daysprice cut 25%, from $120,000

Restaurants in Victoria

Restaurants for sale in Victoria (247) →

Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $90K

12%

45%

24%

11%

Under $100K$2.5M–$5M

Australia 501 · New South Wales 112 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 441 · Takeaways 316 · General retail businesses 71 · Supermarkets 69 · Newsagencies 67 · Manufacturing businesses 60

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