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DealProspect/Listings/Food & Beverage

Korean Chicken Restaurant & Takeaway, Wellington

Restaurant

ActiveFood & BeverageB2C
Asking price
~$409,000
est. from headline + $10,000 stock · NZD
Revenue (est.)
~$1,106,489
Estimated · comparable listings of this type and size
Earnings (est.)
~$254,952
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Large Korean chicken restaurant and takeaway in a busy Wellington hospitality area
  • Approximately 400sqm premises seating up to 100 diners
  • Dine-in, takeaway and delivery through Uber Eats and DoorDash
  • Trades six days a week for lunch and dinner, with a liquor licence in place
  • Run under management with 3 full-time and 12 part-time staff
  • Secure lease in place; scope to grow if a new owner works in the business