Licensed Chinese Restaurant in Box Hill

Licensed Chinese Restaurant in Box Hill — Hospitality & Tourism · Box Hill, Melbourne · Asking $220,000 · Revenue $1,300,000

Licensed Chinese restaurant on a prime main road in Box Hill with heavy foot traffic Spacious shop area with a full commercial kitchen and 30-seat capacity Full liquor licence and a 13-year secured lease with low rent Currently fully under management, suited to an owner-operator

DealProspect/Listings/Hospitality & Tourism

Licensed Chinese Restaurant in Box Hill

Restaurant

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$220,000

Disclosed · AUD

Revenue

$1,300,000

TTM

Earnings (est.)

~$230,360

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Licensed Chinese restaurant on a prime main road in Box Hill with heavy foot traffic
Spacious shop area with a full commercial kitchen and 30-seat capacity
Full liquor licence and a 13-year secured lease with low rent
Currently fully under management, suited to an owner-operator

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 · $220K

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

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