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DealProspect/Listings/Food & Beverage

Busy Haymarket Korean Restaurant

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$410,000
est. from headline + $10,000 stock · AUD
Revenue
$2,174,545
TTM
Net Profit
$650,000
Implied multiple (assumed)
~0.6×
Assumed · headline + $10,000 stock

Brief

A licensed Korean restaurant in Haymarket near Central Station and Chinatown, seating 108 across two levels with a food lift between floors. The business trades under a semi-management staffing structure and holds a liquor licence to 2am, on a five-year lease from November 2023.

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 · $400K
17%
32%
31%
15%
1%
Under $100KOver $5M

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