Adelaide CBD Korean BBQ Restaurant

Adelaide CBD Korean BBQ Restaurant — Food & Beverage · Adelaide CBD (Gouger Street) · Asking $120,000 · Revenue $702,000

Asian fusion / Korean-style BBQ dining venue on Gouger Street in the Adelaide CBD

DealProspect/Listings/Food & Beverage

Adelaide CBD Korean BBQ Restaurant

Restaurant

ActiveFood & BeverageSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

$120,000

Disclosed · AUD

Revenue

$702,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

• Asian fusion / Korean-style BBQ dining venue on Gouger Street in the Adelaide CBD

How it compares

Restaurants in South Australia · asking prices

41% below smaller restaurants here

Smaller restaurants here ask a median 0.29× revenue. On its $702,000 revenue, that points to about $202,000; reads like this are typically within 30%, so $141,000 to $263,000. It asks $120,000.

Asking price: $120,00031% below the median of $174,500
Revenue: $702,000median is $742,000
Revenue multiple: 0.17×0.32× across the market; 0.35× for bigger ones, 0.29× for smaller
Time listed: 39 daysno price change

Restaurants in South Australia

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Listed

+6 in 30 days

Median asking

$175K

22 priced

Median revenue

$742K

15 disclose

Earnings multiple

1.3×

312 listings

Asking price spread22 of 25 state a price

This listing · $120K

32%

36%

23%

Under $100K$500K–$1M

Australia 501 · Victoria 247 · New South Wales 112 · Queensland 75 · Western Australia 24

Cafes 34 · General retail businesses 11 · Hair salons 11 · Building and construction businesses 10 · Hotels 10 · Takeaways 10

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