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DealProspect/Listings/Food & Beverage

Chinese Restaurant in Noble Park

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$80,000
Disclosed · AUD
Revenue
$260,000
TTM
Earnings (est.)
~$65,572
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Restaurant in a prime, convenient Noble Park location with ample parking
  • 60-seat premises with full commercial kitchen and BYO liquor license
  • Operated by the same owner for 8 years
  • Long secure lease on reasonable rent

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 · $80K
21%
41%
24%
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