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DealProspect/Listings/Food & Beverage

Licensed Chinese Restaurant - Frankston

Restaurant

ActiveFood & BeverageVictoria
Asking price
$49,000
Disclosed · AUD
Revenue
$364,000
TTM
Earnings (est.)
~$90,199
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~0.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-running Chinese restaurant in a busy Frankston shopping strip, seating around 100 guests in a large, fully equipped kitchen with a full liquor licence. Open six days a week, the fit-out suits a straightforward switch to another food concept for a buyer wanting a fresh start.

Restaurants in Victoria

All 1069 →
Listed
1069
+230 in 30 days
Median asking
$175K
1025 priced
Median revenue
$780K
979 disclose
Earnings multiple
1.8×
25 listings
Price drops
22
in 30 days
Asking price spread1025 of 1069 state a price
This listing · $49K
27%
39%
24%
0%
Under $100K$2.5M–$5M

Australia 1311 · New South Wales 96 · Queensland 73 · South Australia 29 · Western Australia 22

Takeaways 1003 · Cafes 962 · Liquor stores 156 · Convenience stores 153 · Bakeries 133 · General retail businesses 128