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DealProspect/Listings/Food & Beverage

Franchise Chinese Restaurant, Glen Waverley

Restaurant

ActiveFood & BeverageVictoriaB2C
Asking price
$600,000
Disclosed · AUD
Revenue
$2,600,000
TTM
Earnings (est.)
~$368,447
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Franchise Chinese restaurant in a prime Glen Waverley shopping centre with heavy foot traffic
  • Large premises, fully equipped, with a long-standing loyal customer base
  • Full liquor licence in place
  • Six-year lease with reasonable rent
  • Fully under management
  • Vendor keen to sell

Restaurants in Victoria

All 1022
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 · $600K
26%
39%
24%
8%
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