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DealProspect/Listings/Food & Beverage

Asian Restaurant - Croydon, VIC

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$70,000
Disclosed · AUD
Revenue
$218,400
TTM
Earnings (est.)
~$55,080
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Long-established Asian restaurant in Croydon on a busy main road with strong exposure and foot traffic
  • Spacious shop area with 50+ seats and a fully equipped commercial kitchen
  • Full liquor license in place
  • Currently trading only 4.5 days per week, with scope to extend hours
  • Loyal base of regular customers and an excellent reputation
  • Owner retiring, creating an opportunity for a new operator