Chinese Restaurant – Northern Beaches

Chinese Restaurant – Northern Beaches — Food & Beverage · Northern Beaches · Asking $80,000 · Revenue $945,000 · Net Profit $219,000

Long-established Hong Kong-style Chinese restaurant on Sydney's Northern Beaches, fully licensed with seating for 100 and open six nights a week. The vendor owns the freehold, which is separately available. Owner is retiring after 42 years.

DealProspect/Listings/Food & Beverage

Chinese Restaurant – Northern Beaches

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$945,000

TTM

Net Profit

$219,000

Implied multiple (assumed)

Brief

How it compares

Restaurants in New South Wales · asking prices

63% below restaurants here

Restaurants here ask a median 0.23× revenue. On its $945,000 revenue, that points to about $217,000; reads like this are typically within 30%, so $152,000 to $282,000. It asks $80,000.

Asking price: $80,00070% below the median of $270,000
Revenue: $945,000median is $1,075,318
Revenue multiple: 0.08×0.23× across the market; higher than 2 of 79
Time listed: 32 daysno price change

Restaurants in New South Wales

Restaurants for sale in New South Wales (111) →

Listed

111

+14 in 30 days

Median asking

$270K

106 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread106 of 111 state a price

This listing · $80K

18%

29%

35%

14%

Under $100K$1M–$2.5M

Australia 490 · Victoria 238 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 185 · Takeaways 115 · Childcare centres 86 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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