Chinese Restaurant – Armadale

Chinese Restaurant – Armadale — Food & Beverage · Armadale · Asking $108,000 · Revenue $624,000

A Chinese restaurant on a busy main road in Armadale, fully licensed with seating for 45 guests on a long lease at reasonable rent. Fully equipped, under the same owner for four years, offered as an urgent sale.

DealProspect/Listings/Food & Beverage

Chinese Restaurant – Armadale

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$108,000

Disclosed · AUD

Revenue

$624,000

TTM

Earnings (est.)

~$155,438

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.7×

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 · $108K

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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