Sushi & Noodle Bar – Mulgrave, VIC

Sushi & Noodle Bar – Mulgrave, VIC — Food & Beverage · Mulgrave · Asking $138,000

A well-presented, newly set-up sushi and noodle bar in Mulgrave that is fully equipped and ready to trade. The business operates five short days a week from a fantastic location, with a long-standing lease at reasonable rent.

DealProspect/Listings/Food & Beverage

Sushi & Noodle Bar – Mulgrave, VIC

Restaurant

ActiveFood & BeverageVictoriaB2C

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Asking price

$138,000

Disclosed · AUD

Revenue (est.)

~$441,600

Estimated · comparable listings of this type and size

Earnings (est.)

~$102,511

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Restaurants in Victoria

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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 · $138K

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

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