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DealProspect/Listings/Food & Beverage

Korean Bar Dining Restaurant - Lower North Shore

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$288,000
est. from headline + $8,000 stock · AUD
Revenue
$567,273
TTM
Net Profit
$228,800
Implied multiple (assumed)
~1.3×
Assumed · headline + $8,000 stock

Brief

A licensed Korean bar-dining restaurant on the Lower North Shore, seating 40 and serving Korean share plates alongside soju, Korean craft beer and cocktails. The business is under management with a small staff team, on a lease running to 2032 with a further five-year option.

Restaurants in New South Wales

All 137 →
Listed
137
+11 in 30 days
Median asking
$268K
120 priced
Median revenue
$1.2M
93 disclose
Earnings multiple
0.8×
56 listings
Price drops
7
in 30 days
Asking price spread120 of 137 state a price
This listing · $280K
17%
32%
31%
15%
1%
Under $100KOver $5M

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