Chinese Restaurant in Melbourne CBD
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$250,000
Disclosed · AUD
Revenue
$1,040,000
TTM
Earnings (est.)
~$184,288
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Long-standing Chinese restaurant with a 40-year history in Melbourne CBD
- Constant high foot traffic and a large base of loyal regular customers
- Approximately 140 seats for dine-in service
- Currently trading only 5 days a week
Restaurants in Victoria
All 482 →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
11
in 30 days
Asking price spread381 of 482 state a price
This listing · $250K
1%
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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- Asian Restaurant – Royston ParkRestaurant · South Australia · $200,000
- The Border Bridge Cafe - Barooga, NSWCafe · New South Wales · $199,000