Asian Fusion Eatery in Penrose

Asian Fusion Eatery in Penrose — Food & Beverage · Penrose · Asking $119,000 · Revenue $497,391 · Owner Earnings $141,000

Long-running Asian fusion eatery in Penrose, trading over 11 years Known locally for dishes such as karaage chicken and Vietnamese salads Trades 4 days and 4 nights a week with an experienced team in place Licensed to serve alcohol Lease secured through to 2036 Seating for 90-100+

DealProspect/Listings/Food & Beverage

Asian Fusion Eatery in Penrose

Restaurant

ActiveFood & BeverageAucklandB2C

Find funding for this deal →View original listing ↗

Asking price

~$128,000

est. from headline + $9,000 stock · NZD

Revenue

$497,391

TTM

Owner Earnings

$141,000

Implied multiple (assumed)

~0.9×

Assumed · headline + $9,000 stock

Brief

Long-running Asian fusion eatery in Penrose, trading over 11 years
Known locally for dishes such as karaage chicken and Vietnamese salads
Trades 4 days and 4 nights a week with an experienced team in place
Licensed to serve alcohol
Lease secured through to 2036
Seating for 90-100+

How it compares

Restaurants in Auckland · asking prices

In line with smaller restaurants here

Smaller restaurants here ask a median 0.22× revenue. On its $497,391 revenue, that points to about $108,000; reads like this are typically within 30%, so $75,600 to $140,000. It asks $119,000, inside that range.

Asking price: $119,00022% below the median of $152,000
Revenue: $497,391median is $726,102
Revenue multiple: 0.24×0.27× across the market; 0.32× for bigger ones, 0.22× for smaller
Time listed: 60 daysprice cut 20%, from $149,000

Restaurants in Auckland

Restaurants for sale in Auckland (59) →

Listed

+8 in 30 days

Median asking

$152K

55 priced

Median revenue

$726K

38 disclose

Earnings multiple

2×

63 listings

Time listed

55d

30 tracked

Price drops

in 30 days

Asking price spread55 of 59 state a price

This listing · $119K

33%

40%

20%

Under $100K$1M–$2.5M

New Zealand 106 · Canterbury 13

Takeaways 64 · Cafes 46 · Wholesale and distribution businesses 19 · Liquor stores 14 · Building and construction businesses 13 · Automotive workshops 12

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