Chinese Restaurant in Wantirna South

Chinese Restaurant in Wantirna South — Food & Beverage · Wantirna South, Melbourne · Asking $178,000 · Revenue $624,000

Long-established Chinese restaurant, highly popular with locals, offered to market for the first time 80-100 seats, full commercial kitchen and full liquor licence Does not currently use third-party delivery platforms Same owner for 16 years; selling due to retirement

DealProspect/Listings/Food & Beverage

Chinese Restaurant in Wantirna South

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$178,000

Disclosed · AUD

Revenue

$624,000

TTM

Earnings (est.)

~$157,373

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established Chinese restaurant, highly popular with locals, offered to market for the first time
80-100 seats, full commercial kitchen and full liquor licence
Does not currently use third-party delivery platforms
Same owner for 16 years; selling due to retirement

Restaurants in Victoria

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Listed

482

+28 in 30 days

Median asking

$179K

381 priced

Median revenue

$836K

366 disclose

Earnings multiple

1.9×

10 listings

Price drops

in 30 days

Asking price spread381 of 482 state a price

This listing · $178K

22%

41%

24%

Under $100K$2.5M–$5M

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