Korean Charcoal BBQ Restaurant – Inner West Sydney

Korean Charcoal BBQ Restaurant – Inner West Sydney — Food & Beverage · Inner West Sydney · Asking $380,000 · Revenue $1,654,545 · Net Profit $520,000

Licensed Korean charcoal BBQ restaurant in Sydney's Inner West with tabletop grills at every table Seating for 112 across indoor and outdoor dining areas, with a full commercial kitchen, cool room and storage Strong cash flow with a loyal customer base in a prime location Long-term lease with rent increases capped at 4% per annum Team of two owners, three full-time and four casual staff Owner…

DealProspect/Listings/Food & Beverage

Korean Charcoal BBQ Restaurant – Inner West Sydney

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,654,545

TTM

Net Profit

$520,000

Implied multiple (assumed)

Brief

• Licensed Korean charcoal BBQ restaurant in Sydney's Inner West with tabletop grills at every table • Seating for 112 across indoor and outdoor dining areas, with a full commercial kitchen, cool room and storage • Strong cash flow with a loyal customer base in a prime location • Long-term lease with rent increases capped at 4% per annum • Team of two owners, three full-time and four casual staff • Owner selling to open a larger restaurant, with scope to grow through catering, delivery and alcohol sales

How it compares

Restaurants in New South Wales · asking prices

In line with restaurants here

Restaurants here ask a median 0.23× revenue. On its $1,654,545 revenue, that points to about $380,000; reads like this are typically within 30%, so $266,000 to $494,000. It asks $380,000, inside that range.

Asking price: $380,00041% above the median of $270,000
Revenue: $1,654,545median is $1,075,318
Revenue multiple: 0.23×0.23× across the market; higher than 39 of 79
Time listed: 39 daysno price change

Restaurants in New South Wales

Restaurants for sale in New South Wales (112) →

Listed

112

+14 in 30 days

Median asking

$270K

107 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread107 of 112 state a price

This listing · $380K

19%

28%

36%

14%

Under $100K$1M–$2.5M

Australia 501 · Victoria 247 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 186 · Takeaways 114 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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