Halal Korean charcoal BBQ restaurant, Inner West Sydney

Halal Korean charcoal BBQ restaurant, Inner West Sydney — Food & Beverage · Inner West Sydney · Asking $480,000 · Revenue $1,560,000 · Net Profit $520,000

A popular Halal Korean charcoal BBQ buffet restaurant on a vibrant Inner West Sydney dining strip, with a strong following from the local Muslim community. It has a liquor licence not yet in use and seating for 84 across indoor and outdoor areas.

DealProspect/Listings/Food & Beverage

Halal Korean charcoal BBQ restaurant, Inner West Sydney

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$480,000

Disclosed · AUD

Revenue

$1,560,000

TTM

Net Profit

$520,000

Implied multiple

0.9×

asking / earnings

Brief

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How the asking price compares, with comparable businesses
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How long it has been for sale

How it compares

Restaurants in New South Wales · asking prices

34% above restaurants here

Restaurants here ask a median 0.23× revenue. On its $1,560,000 revenue, that points to about $358,000; reads like this are typically within 30%, so $251,000 to $465,000. It asks $480,000.

Asking price: $480,00078% above the median of $270,000
Revenue: $1,560,000median is $1,093,500
Revenue multiple: 0.31×0.23× across the market; higher than 54 of 81
Time listed: 49 daysprice cut 11%, from $540,000

Restaurants in New South Wales

Restaurants for sale in New South Wales (112) →

Listed

112

+11 in 30 days

Median asking

$270K

107 priced

Median revenue

$1.1M

82 disclose

Earnings multiple

0.8×

64 listings

Price drops

in 30 days

Asking price spread107 of 112 state a price

This listing · $480K

19%

30%

33%

14%

Under $100K$1M–$2.5M

Australia 487 · Victoria 237 · Queensland 72 · South Australia 25 · Western Australia 23

Cafes 184 · Takeaways 113 · Childcare centres 84 · Manufacturing businesses 45 · General retail businesses 44 · Wholesale and distribution businesses 43

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