Chinese Restaurant - South Melbourne
Restaurant
ActiveFood & BeverageVictoria
Asking price
$50,000
Disclosed · AUD
Revenue (est.)
~$160,000
Estimated · comparable listings of this type and size
Earnings (est.)
~$37,142
Estimated · comparable listings of this type and size
Typical multiple
~1.3×
comparable listings of this type and size
Brief
Well-equipped Chinese restaurant on South Melbourne's main shopping strip, with heavy foot traffic. Large commercial kitchen, walk-in cool room and freezer room, seating around 50, suited to an experienced operator or a new concept.
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 · $50K
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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