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DealProspect/Listings/Food & Beverage

Thai-Asian Restaurant, Charlestown Newcastle

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
$149,000
Disclosed · AUD
Revenue
$1,508,000
TTM
Earnings
$165,000
Implied multiple
0.9×
asking / earnings

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

Restaurants in New South Wales

All 106
Listed
106
+13 in 30 days
Median asking
$295K
80 priced
Median revenue
$1.3M
49 disclose
Earnings multiple
1.1×
12 listings
Price drops
11
in 30 days
Asking price spread80 of 106 state a price
This listing · $149K
16%
28%
39%
10%
1%
Under $100KOver $5M

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