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DealProspect/Listings/Food & Beverage

Noodle Bar - Western Suburbs

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$230,000
Disclosed · AUD
Revenue
$494,000
TTM
Earnings (est.)
~$123,055
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A noodle bar in Melbourne's western suburbs occupying sizeable 100 sqm premises with heavy passing trade. Rent is low relative to turnover under a long-term lease, and the current owner, who has run the business for four years, describes it as stable and easy 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 · $230K
26%
39%
24%
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