Chinese Restaurant – Croydon
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$420,000
Disclosed · AUD
Revenue
$1,144,000
TTM
Earnings (est.)
~$219,991
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A well set up Chinese restaurant in Croydon facing no direct local competition, complete with a commercial kitchen and BYO licence. The venue offers substantial seating and sits on a long-term lease, with the current owner in place for several years.
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 · $420K
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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