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DealProspect/Listings/Food & Beverage

Established Chinese Restaurant in Dunedin

Restaurant

ActiveFood & BeverageOtagoB2C
Asking price
$180,000
Disclosed · NZD
Revenue
$433,680
TTM
Earnings (est.)
~$84,741
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Central Dunedin site trading since 2009 with a loyal local customer base
  • Authentic Cantonese and Sichuan cuisine
  • Everyday dine-in seating plus three private dining rooms for group and function bookings
  • locals, office and council workers, students, tourists and cruise visitors
  • Lean, owner-operated cost structure with two working owners and a small part-time team
  • Long-term lease secured, reducing a key hospitality risk
  • Growth potential in trading hours, liquor licensing, delivery and private function promotion