Chicken Bar - South Melbourne

Chicken Bar - South Melbourne — Food & Beverage · South Melbourne · Asking $58,000 · Revenue $182,000

A chicken bar in South Melbourne on a main road surrounded by offices and apartments, drawing very heavy foot traffic. The fully fitted commercial kitchen and central location give the business strong potential to grow further.

DealProspect/Listings/Food & Beverage

Chicken Bar - South Melbourne

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$58,000

Disclosed · AUD

Revenue

$182,000

TTM

Earnings (est.)

~$44,117

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

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

in 30 days

Asking price spread890 of 927 state a price

This listing · $58K

29%

41%

24%

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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