Chinese Restaurant, Dominion Road

Chinese Restaurant, Dominion Road — Food & Beverage · Dominion Road, Auckland · Asking $128,000 · Revenue $650,000

Well-established Chinese restaurant in the heart of Dominion Road, Auckland's renowned Chinese dining hub Approximately 120m² premises with a modern fit-out and fully equipped kitchen Steady weekly turnover with food cost around 30% and a long lease in place Strong foot traffic and good parking (~30 spaces front and rear) in a tightly held precinct Can be debranded and converted to another…

DealProspect/Listings/Food & Beverage

Chinese Restaurant, Dominion Road

Restaurant

ActiveFood & BeverageAucklandB2C

Find funding for this deal →View original listing ↗

Asking price

$128,000

Disclosed · NZD

Revenue

$650,000

TTM

Earnings (est.)

~$99,774

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established Chinese restaurant in the heart of Dominion Road, Auckland's renowned Chinese dining hub
Approximately 120m² premises with a modern fit-out and fully equipped kitchen
Steady weekly turnover with food cost around 30% and a long lease in place
Strong foot traffic and good parking (~30 spaces front and rear) in a tightly held precinct
Can be debranded and converted to another Chinese cuisine concept; suits an experienced operator

How it compares

Restaurants in Auckland · asking prices

In line with smaller restaurants here

Smaller restaurants here ask a median 0.22× revenue. On its $650,000 revenue, that points to about $141,000; reads like this are typically within 30%, so $98,700 to $183,000. It asks $128,000, inside that range.

Asking price: $128,00016% below the median of $152,000
Revenue: $650,000median is $726,102
Revenue multiple: 0.2×0.27× across the market; 0.32× for bigger ones, 0.22× for smaller
Time listed: 133 daysno price change

Restaurants in Auckland

Restaurants for sale in Auckland (59) →

Listed

+8 in 30 days

Median asking

$152K

55 priced

Median revenue

$726K

38 disclose

Earnings multiple

2×

63 listings

Time listed

55d

30 tracked

Price drops

in 30 days

Asking price spread55 of 59 state a price

This listing · $128K

33%

40%

20%

Under $100K$1M–$2.5M

New Zealand 106 · Canterbury 13

Takeaways 64 · Cafes 46 · Wholesale and distribution businesses 19 · Liquor stores 14 · Building and construction businesses 13 · Automotive workshops 12

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