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DealProspect/Listings/Food & Beverage

Licensed Chinese Restaurant, Box Hill

Restaurant

ActiveFood & BeverageVictoria
Asking price
$250,000
Disclosed · AUD
Revenue
$2,340,000
TTM
Earnings (est.)
~$449,982
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.6×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-regarded licensed Chinese restaurant occupying a large fitted-out premises in Box Hill, with seating for well over one hundred guests. The business runs fully under management on a long lease, giving an incoming owner a turnkey, hands-off hospitality 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 · $250K
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