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DealProspect/Listings/Food & Beverage

Chinese Restaurant & Takeaway, Mitcham

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$85,000
Disclosed · AUD
Revenue
$338,000
TTM
Net Profit
$130,000
Implied multiple
0.7×
asking / earnings

Brief

A well-established Chinese restaurant and takeaway in Mitcham, serving dine-in guests and offering delivery six nights a week. The fitted-out premises seat sixty and have recently been renovated. The business has traded from the same site for around two decades and is being sold urgently.

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
17
in 30 days
Asking price spread961 of 1022 state a price
This listing · $85K
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

Priced like this one

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