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DealProspect/Listings/Hospitality & Tourism

Chicken Bar in Chelsea Heights

Takeaway

ActiveHospitality & TourismVictoriaB2C
Asking price
$268,000
Disclosed · AUD
Revenue
$936,000
TTM
Earnings (est.)
~$197,028
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established chicken bar in a high-traffic commercial plaza
  • Recently renovated with a brand-new fit-out and 20 seats
  • Low rent and a 10-year lease
  • Open 6 days a week
  • Very stable business

Takeaways in Victoria

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Listed
528
+168 in 30 days
Median asking
$170K
444 priced
Median revenue
$572K
419 disclose
Earnings multiple
1.6×
135 listings
Time listed
41d
102 tracked
Price drops
26
in 30 days
Asking price spread444 of 528 state a price
This listing · $268K
24%
42%
29%
1%
Under $100K$1M–$2.5M

Queensland 156 · New South Wales 114 · Auckland 74 · Western Australia 24 · Bay of Plenty 10 · South Australia 8

Cafes 575 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77 · Bakeries 76

Priced like this one

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