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DealProspect/Listings/Food & Beverage

Chinese Restaurant – Somerville

Restaurant

ActiveFood & BeverageVictoria
Asking price
$180,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$155,438
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established Chinese restaurant in a busy Somerville location with a steady flow of customers. Run by the same owner for twenty-one years, it has built a strong reputation and loyal following, and is offered as a stable, high-profit business with the option to also purchase the property.

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
17
in 30 days
Asking price spread961 of 1022 state a price
This listing · $180K
26%
39%
24%
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

Priced like this one

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