Korean Restaurant in Glen Waverley

Korean Restaurant in Glen Waverley — Food & Beverage · Glen Waverley · Asking $600,000 · Revenue $3,120,000

A well-regarded Korean restaurant near Glen Waverley train station, fully equipped with a commercial kitchen and popular with the local community. Run under management for ease of operation, the venue is fully licensed and offers a large seated dining area.

DealProspect/Listings/Food & Beverage

Korean Restaurant in Glen Waverley

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$600,000

Disclosed · AUD

Revenue

$3,120,000

TTM

Earnings (est.)

~$573,768

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

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

in 30 days

Asking price spread961 of 1022 state a price

This listing · $600K

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

All 1022 →