Chinese Restaurant in Melbourne CBD
Restaurant
ActiveHospitality & TourismVictoriaB2C
Asking price
$475,000
Disclosed · AUD
Revenue
$1,040,000
TTM
Earnings (est.)
~$184,288
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Long-standing Chinese restaurant in a prime Melbourne CBD location with constant high foot traffic
- Recently renovated with a brand-new fit-out, seating up to 68
- Separate entrance to a 4-bedroom residence on the third floor
- Reasonable rent and a 10-year secure lease
- Very stable and highly profitable
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
12
in 30 days
Asking price spread381 of 482 state a price
This listing · $475K
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
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