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DealProspect/Listings/Food & Beverage

Korean Food Business – Westfield Fountain Gate

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$175,000+
Disclosed · AUD
Revenue (est.)
~$560,000
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$129,142
Estimated · comparable listings of this type and size · typically within ±35%
Typical multiple
~1.4×
comparable listings of this type and size · typically within ±35%

Brief

  • Established Korean food business inside Westfield Fountain Gate food court
  • Approximately 47m² tenancy with full commercial kitchen and cool room
  • Experienced staffing structure in place
  • Benefits from high visitor traffic at a major shopping centre
  • Existing infrastructure supports a straightforward handover

Restaurants in Victoria

All 1020
Listed
1020
+183 in 30 days
Median asking
$178K
976 priced
Median revenue
$780K
928 disclose
Earnings multiple
1.8×
25 listings
Price drops
17
in 30 days
Asking price spread976 of 1020 state a price
This listing · $175K
26%
39%
24%
0%
Under $100K$2.5M–$5M

Australia 1265 · New South Wales 92 · Queensland 70 · South Australia 28 · Western Australia 22

Takeaways 927 · Cafes 889 · Liquor stores 145 · Convenience stores 140 · Bakeries 127 · General retail businesses 126