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DealProspect/Listings/Food & Beverage

11-Year Chinese Restaurant – Eastern Adelaide

Restaurant

ActiveFood & BeverageSouth AustraliaB2C
Asking price
~$720,000
est. from headline + $70,000 stock · AUD
Revenue
$1,800,000
TTM
Earnings (est.)
~$321,300
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Well-established Chinese restaurant in an affluent eastern suburb of Adelaide, close to the CBD, offered as a genuine retirement sale
  • Founded and operated by the current owner for 11 years, on a stable long-term lease with affordable rent
  • Liquor licenced for 120 seats, with a commercial kitchen and walk-in cool room
  • Loyal customer base and experienced staff willing to remain, with comprehensive vendor training and handover support