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DealProspect/Listings/Hospitality & Tourism

Newly Established Asian Restaurant

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$299,000
Disclosed · AUD
Revenue
$1,300,000
TTM
Earnings (est.)
~$232,050
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Newly established Asian restaurant with brand-new shop fittings
  • Approximately 70 seats and a spacious premises
  • Full commercial kitchen included
  • Currently trading 5 days a week, with potential to extend hours
  • 10-year secure lease with reasonable rent
  • Flexible layout suited to café or restaurant concepts