Licensed Chinese Restaurant - Doncaster East

Licensed Chinese Restaurant - Doncaster East — Food & Beverage · Doncaster East · Asking $690,000 · Revenue $2,600,000

A long-established Chinese restaurant in Doncaster East under the same owner for fourteen years, with heavy foot traffic and ample parking. The fully equipped, licensed premises seat around one hundred fifty and carry a strong, loyal customer base.

DealProspect/Listings/Food & Beverage

Licensed Chinese Restaurant - Doncaster East

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$690,000

Disclosed · AUD

Revenue

$2,600,000

TTM

Earnings (est.)

~$499,980

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Restaurants in Victoria

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Listed

1022

+184 in 30 days

Median asking

$178K

961 priced

Median revenue

$780K

923 disclose

Earnings multiple

1.8×

24 listings

Price drops

in 30 days

Asking price spread961 of 1022 state a price

This listing · $690K

26%

39%

24%

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

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