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DealProspect/Listings/Food & Beverage

Sushi Bar – Chirnside Park

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$388,000
Disclosed · AUD
Revenue
$780,000
TTM
Earnings (est.)
~$194,298
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-running sushi bar in Chirnside Park on a busy main road, said to be simple to operate and highly profitable. The six-year lease carries reasonable rent, and the same owner has run it for eleven years, making it a stable, established 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 · $388K
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