Chinese Restaurant – Melbourne CBD
Restaurant
ActiveFood & BeverageVictoriaB2C
Asking price
$1,800,000
Disclosed · AUD
Revenue
$8,840,000
TTM
Earnings (est.)
~$1,625,676
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A well-regarded Chinese restaurant and takeaway operation that has traded successfully for many years in the heart of Melbourne's CBD. Known for its food quality, the venue seats 350 guests, is fully licensed, sits on a long-term lease, and is run fully under management, making it straightforward for a new owner to operate.
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 · $1.8M
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
Priced like this one
All 1022 →- Franchise Chinese Restaurant, Glen WaverleyRestaurant · Victoria · $600,000
- Franchised Cafe - DocklandsCafe · Victoria · $550,000
- Korean BBQ Restaurant – Inner West SydneyRestaurant · Inner West, Sydney · $540,000
- Catering Business – Noosa & Sunshine CoastCatering · Queensland · $425,000
- Korean Charcoal BBQ Restaurant – Inner West SydneyRestaurant · New South Wales · $380,000
- Soul Origin Franchise Cafe – Northern PerthCafe · Western Australia · $360,000+