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DealProspect/Listings/Food & Beverage

Chicken Bar – Dromana

Takeaway

ActiveFood & BeverageVictoriaB2C
Asking price
$235,000
Disclosed · AUD
Revenue
$520,000
TTM
Earnings (est.)
~$125,736
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A chicken bar in the tourist area of Dromana, trading from a sizeable premises with low weekly rent on a long-term lease. The current owner has run it for seven years, building a loyal repeat customer base in a seasonally busy location.

Takeaways in Victoria

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Listed
927
+149 in 30 days
Median asking
$158K
890 priced
Median revenue
$520K
845 disclose
Earnings multiple
1.2×
27 listings
Price drops
24
in 30 days
Asking price spread890 of 927 state a price
This listing · $235K
29%
41%
24%
2%
Under $100K$1M–$2.5M

Australia 1207 · New South Wales 112 · Queensland 106 · Western Australia 20 · South Australia 10

Restaurants 1022 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127 · General retail businesses 125

Priced like this one

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