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Thai-Asian Restaurant, Charlestown Newcastle

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
$149,000 + stock
Disclosed · AUD
Revenue
$1,508,000
TTM
Earnings
$165,000
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Undermanaged Thai-Asian restaurant located at a major shopping centre in Charlestown, Newcastle
  • Fully managed with a modern-design facility and high Google review ratings
  • 7-year lease term running to March 2027
  • Opportunity to increase profitability further through owner-operation
  • Established NSW regional business with room for growth
Listed
111
+14 in 30 days
Median asking
$270K
106 priced
Median revenue
$1.1M
80 disclose
Earnings multiple
0.8×
63 listings
Price drops
12
in 30 days
Asking price spread106 of 111 state a price
This listing · $149K
18%
29%
35%
14%
4%
Under $100K$1M–$2.5M

Australia 494 · Victoria 242 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 185 · Takeaways 115 · Childcare centres 86 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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