Chinese Restaurant – Northern Beaches
Restaurant
ActiveFood & BeverageNew South WalesB2C
Asking price
~$88,000
est. from headline + $8,000 stock · AUD
Revenue
$945,000
TTM
Net Profit
$219,000
Implied multiple (assumed)
~0.4×
Assumed · headline + $8,000 stock
Brief
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.
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 · $80K
1%
Under $100KOver $5M
Australia 1353 · Victoria 1070 · Queensland 73 · South Australia 29 · Western Australia 22
Cafes 321 · Takeaways 161 · Childcare centres 82 · General retail businesses 53 · Manufacturing businesses 51 · Wholesale and distribution businesses 50
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