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Korean Charcoal BBQ Restaurant – Inner West Sydney

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$385,000
est. from headline + $5,000 stock · AUD
Revenue
$1,820,000
TTM
Net Profit
$520,000
Implied multiple (assumed)
~0.7×
Assumed · headline + $5,000 stock

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

Restaurants in New South Wales

All 91
Listed
91
+14 in 30 days
Median asking
$300K
68 priced
Median revenue
$1.5M
44 disclose
Earnings multiple
1.1×
14 listings
Price drops
5
in 30 days
Asking price spread68 of 91 state a price
This listing · $380K
15%
26%
38%
12%
1%
Under $100KOver $5M

Australia 1265 · Victoria 1022 · Queensland 70 · South Australia 26 · Western Australia 22

Cafes 244 · Takeaways 112 · Childcare centres 77 · Manufacturing businesses 49 · Wholesale and distribution businesses 45 · General retail businesses 43