Chinese Restaurant -- Ringwood

Chinese Restaurant -- Ringwood — Food & Beverage · Ringwood · Asking $55,000 · Revenue $260,000

A Chinese restaurant in a busy Ringwood location with BYO liquor licensing and a fully equipped kitchen. Set up to a high standard on a long-term lease, it is being offered as a quick sale.

DealProspect/Listings/Food & Beverage

Chinese Restaurant -- Ringwood

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$55,000

Disclosed · AUD

Revenue

$260,000

TTM

Earnings (est.)

~$64,766

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

A Chinese restaurant in a busy Ringwood location with BYO liquor licensing and a fully equipped kitchen. Set up to a high standard on a long-term lease, it is being offered as a quick sale.

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 · $55K

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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