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

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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

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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 $1,087,000
Revenue multiple: 0.23×0.23× across the market; higher than 40 of 80
Time listed: 46 daysno price change

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

81 disclose

Earnings multiple

0.8×

64 listings

Price drops

in 30 days

Asking price spread107 of 112 state a price

This listing · $380K

19%

29%

34%

14%

Under $100K$1M–$2.5M

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

Cafes 182 · Takeaways 109 · Childcare centres 85 · Manufacturing businesses 45 · General retail businesses 44 · Wholesale and distribution businesses 43

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