Licensed Chinese Restaurant, Glen Waverley
Restaurant
ActiveFood & BeverageVictoria
Asking price
$450,000
Disclosed · AUD
Revenue
$1,716,000
TTM
Earnings (est.)
~$331,241
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A long-running licensed Chinese restaurant in Glen Waverley with separate function rooms and seating for large groups and events. The same owner has run the business for over three decades, and the vendor is now selling due to retirement.
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 · $450K
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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