Chinese Restaurant -- Docklands

Chinese Restaurant -- Docklands — Food & Beverage · Docklands · Asking $132,000 · Revenue $338,000

A fully licensed Chinese restaurant in Docklands seating around one hundred guests, trading limited hours with no nearby competition. The fit-out is well presented and the site sits on a lengthy lease, offering scope to extend trading hours and grow the customer base further.

DealProspect/Listings/Food & Beverage

Chinese Restaurant -- Docklands

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$132,000

Disclosed · AUD

Revenue

$338,000

TTM

Earnings (est.)

~$84,196

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.6×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Restaurants in Victoria

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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 · $132K

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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