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DealProspect/Listings/Hospitality & Tourism

Licensed Korean Restaurant in Fairfield

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$199,000
Disclosed · AUD
Revenue
$780,000
TTM
Earnings (est.)
~$196,716
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.0×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Thriving Korean restaurant on a busy Fairfield shopping strip with main road exposure and parking
  • Accommodates up to 70 guests, full liquor license
  • Currently fully under management
  • 15-year secure lease, open 6 days a week

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 · $199K
21%
41%
24%
1%
Under $100K$2.5M–$5M

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