Beachfront Dumpling & Noodle Bar For Sale - Rosebud

Beachfront Dumpling & Noodle Bar For Sale - Rosebud — Food & Beverage · Rosebud · Asking $250,000 · Revenue $621,000 · Net Profit $70,000

Beachfront dumpling and noodle restaurant on the Rosebud foreshore with a liquor licence and a long lease. Runs a no-chef model across dine-in, takeaway and a gelato counter, with the current owners semi-retiring after 7 years. Vendor says some personal costs sit in the books and would not transfer to a new owner.

DealProspect/Listings/Food & Beverage

Beachfront Dumpling & Noodle Bar For Sale - Rosebud

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$250,000

Disclosed · AUD

Revenue

$621,000

TTM

Net Profit

$70,000

Implied multiple

3.6×

asking / earnings

Brief

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How the asking price compares, with comparable businesses
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How long it has been for sale

How it compares

Restaurants in Victoria · asking prices

49% above restaurants here

Restaurants here ask a median 0.27× revenue. On its $621,000 revenue, that points to about $168,000; reads like this are typically within 30%, so $118,000 to $218,000. It asks $250,000.

Asking price: $250,000about the median of $220,000
Revenue: $621,000median is $1,020,000
Revenue multiple: 0.4×0.27× across the market; higher than 124 of 149
Time listed: 50 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (237) →

Listed

237

+18 in 30 days

Median asking

$220K

194 priced

Median revenue

$1M

172 disclose

Earnings multiple

2.1×

8 listings

Price drops

in 30 days

Asking price spread194 of 237 state a price

This listing · $250K

12%

44%

25%

11%

Under $100K$2.5M–$5M

Australia 487 · New South Wales 112 · Queensland 72 · South Australia 25 · Western Australia 23

Cafes 437 · Takeaways 313 · Newsagencies 69 · General retail businesses 66 · Supermarkets 66 · Manufacturing businesses 60

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