Restaurant, Fish & Chips and Noodle Shop in Officer

Restaurant, Fish & Chips and Noodle Shop in Officer — Food & Beverage · Officer, Melbourne · Asking $138,000 · Revenue $273,000

Combined restaurant, fish & chips and noodle shop in Officer Walk-in cool room; 2 new woks and 3 fryers/grills Same owner for 10 years, strong local reputation Low rent and a long, secure lease

DealProspect/Listings/Food & Beverage

Restaurant, Fish & Chips and Noodle Shop in Officer

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$138,000

Disclosed · AUD

Revenue

$273,000

TTM

Earnings (est.)

~$68,851

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Combined restaurant, fish & chips and noodle shop in Officer
Walk-in cool room; 2 new woks and 3 fryers/grills
Same owner for 10 years, strong local reputation
Low rent and a long, secure lease

Restaurants in Victoria

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Listed

482

+197 in 30 days

Median asking

$179K

381 priced

Median revenue

$836K

366 disclose

Earnings multiple

1.9×

10 listings

Time listed

37d

74 tracked

Price drops

in 30 days

Asking price spread381 of 482 state a price

This listing · $138K

21%

41%

24%

Under $100K$2.5M–$5M

Queensland 116 · New South Wales 102 · Auckland 52 · South Australia 29 · Western Australia 21 · Canterbury 15

Cafes 575 · Takeaways 528 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77 · Bakeries 76

Priced like this one

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