Chinese Restaurant - Bendigo
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$200,000
Disclosed · AUD
Revenue
$832,000
TTM
Net Profit
$260,000
Implied multiple
0.8×
asking / earnings
Brief
Chinese restaurant in a prime main-street location in Bendigo, seating around forty diners with a strong local following built up over six years under the same owner. Rent is low relative to the trade generated, and a secure ten-year lease is in place. The vendor reports strong profitability from the current operation.
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 · $200K
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
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