Turnkey Japanese Restaurant, Knox City

Turnkey Japanese Restaurant, Knox City — Food & Beverage · Knox City · Asking $500,000 + SAV · Revenue $2,000,000

Established Japanese restaurant in a high-exposure retail and entertainment precinct Seating for approximately 120 patrons with experienced staff in place Long trading history with an established, loyal customer base Secure long-term lease supports a smooth ownership transition Scope to expand takeaway, delivery and catering services Established operating systems ready for a new owner

DealProspect/Listings/Food & Beverage

Turnkey Japanese Restaurant, Knox City

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$2,000,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established Japanese restaurant in a high-exposure retail and entertainment precinct
Seating for approximately 120 patrons with experienced staff in place
Long trading history with an established, loyal customer base
Secure long-term lease supports a smooth ownership transition
Scope to expand takeaway, delivery and catering services
Established operating systems ready for a new owner

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $2,000,000 revenue, that points to about $543,000; reads like this are typically within 30%, so $380,000 to $706,000. It asks $500,000, inside that range.

Asking price: $500,0002.3 times the median of $220,000
Revenue: $2,000,000median is $1,040,000
Revenue multiple: 0.25×0.27× across the market; higher than 59 of 150
Time listed: 51 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+21 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread194 of 238 state a price

This listing · $500K

11%

45%

24%

12%

Under $100K$2.5M–$5M

Australia 490 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 442 · Takeaways 314 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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