Korean BBQ Restaurant, Port Macquarie

Korean BBQ Restaurant, Port Macquarie — Food & Beverage · Port Macquarie · Asking $370,000+ · Revenue $803,636 · Net Profit $364,000

Korean BBQ restaurant in a newly built shopping centre in Port Macquarie, NSW Tabletop charcoal grills, full liquor licence, and seating for 100 indoors plus 20 outdoors Trades six days, Tuesday to Sunday, with an experienced owner-operator structure Five-year lease expiring July 2028, new lease available on negotiation Staffed by an owner, one full-timer and eight casuals Owner selling to pursue…

DealProspect/Listings/Food & Beverage

Korean BBQ Restaurant, Port Macquarie

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$803,636

TTM

Net Profit

$364,000

Implied multiple (assumed)

Brief

Korean BBQ restaurant in a newly built shopping centre in Port Macquarie, NSW
Tabletop charcoal grills, full liquor licence, and seating for 100 indoors plus 20 outdoors
Trades six days, Tuesday to Sunday, with an experienced owner-operator structure
Five-year lease expiring July 2028, new lease available on negotiation
Staffed by an owner, one full-timer and eight casuals
Owner selling to pursue another business venture

How it compares

Restaurants in New South Wales · asking prices

100% above restaurants here

Restaurants here ask a median 0.23× revenue. On its $803,636 revenue, that points to about $185,000; reads like this are typically within 30%, so $129,000 to $241,000. It asks $370,000.

Asking price: $370,00037% above the median of $270,000
Revenue: $803,636median is $1,075,318
Revenue multiple: 0.46×0.23× across the market; higher than 74 of 79
Time listed: 67 daysno price change

Restaurants in New South Wales

Restaurants for sale in New South Wales (111) →

Listed

111

+14 in 30 days

Median asking

$270K

106 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread106 of 111 state a price

This listing · $370K

18%

29%

35%

14%

Under $100K$1M–$2.5M

Australia 494 · Victoria 242 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 185 · Takeaways 115 · Childcare centres 86 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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