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DealProspect/Listings/Food & Beverage

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
26%
39%
24%
8%
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