Asian Restaurant, Forest Hill
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$550,000
Disclosed · AUD
Revenue
$1,144,000
TTM
Earnings (est.)
~$219,991
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A long-established Asian restaurant on a busy Forest Hill main road with strong local popularity and a loyal customer base built up over many years. The large dining room seats more than one hundred and holds a BYO liquor licence.
Restaurants in Victoria
All 1022 →Listed
1022
+184 in 30 days
Median asking
$178K
961 priced
Median revenue
$780K
923 disclose
Earnings multiple
1.8×
24 listings
Price drops
17
in 30 days
Asking price spread961 of 1022 state a price
This listing · $550K
0%
Under $100K$2.5M–$5M
Australia 1265 · New South Wales 91 · Queensland 70 · South Australia 26 · Western Australia 22
Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127 · General retail businesses 125
Priced like this one
All 1022 →- Franchised Cafe - DocklandsCafe · Victoria · $550,000
- Korean BBQ Restaurant – Inner West SydneyRestaurant · Inner West, Sydney · $540,000
- Franchise Chinese Restaurant, Glen WaverleyRestaurant · Victoria · $600,000
- Catering Business – Noosa & Sunshine CoastCatering · Queensland · $425,000
- Korean Charcoal BBQ Restaurant – Inner West SydneyRestaurant · New South Wales · $380,000
- Soul Origin Franchise Cafe – Northern PerthCafe · Western Australia · $360,000+