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DealProspect/Listings/Food & Beverage

Chinese Restaurant & Takeaway in Nunawading

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$160,000
Disclosed · AUD
Revenue
$572,000
TTM
Earnings (est.)
~$141,742
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Chinese restaurant and takeaway near the Nunawading train station
  • Currently operating only 4.5 days a week
  • Super low rent with strong local patronage
  • Potential to convert to any type of food business, such as a cafe

Restaurants in Victoria

All 1022
Listed
1022
+184 in 30 days
Median asking
$178K
961 priced
Median revenue
$780K
923 disclose
Earnings multiple
1.8×
24 listings
Price drops
17
in 30 days
Asking price spread961 of 1022 state a price
This listing · $160K
26%
39%
24%
0%
Under $100K$2.5M–$5M

Australia 1265 · New South Wales 91 · Queensland 70 · South Australia 26 · Western Australia 22

Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127 · General retail businesses 125