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DealProspect/Listings/Food & Beverage

Chinese Restaurant & Takeaway, South Yarra

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$600,000
Disclosed · AUD
Revenue
$2,080,000
TTM
Earnings (est.)
~$399,984
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-located Chinese restaurant and takeaway in South Yarra's commercial centre, benefiting from substantial passing foot traffic and seating for more than seventy guests. Fully under management and trading under the same family for six years, it has built a strong reputation in the area. A ten-year lease at reasonable rent supports continued, low-hassle operation for a new owner or investor.

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 · $600K
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