Chinese Restaurant & Takeaway - East Sydney

Chinese Restaurant & Takeaway - East Sydney — Food & Beverage · East Sydney · Asking $49,000 · Revenue $312,000 · Net Profit $104,000

Chinese restaurant and takeaway in a Sydney Eastern Suburbs shopping village Currently open five dinners a week with short trading hours Own website for orders, with close to half of revenue from Uber Eats and Doordash Fully equipped kitchen with 30 seats inside and capacity for 40 outside Owner selling for health and retirement reasons

DealProspect/Listings/Food & Beverage

Chinese Restaurant & Takeaway - East Sydney

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$312,000

TTM

Net Profit

$104,000

Implied multiple (assumed)

Brief

Chinese restaurant and takeaway in a Sydney Eastern Suburbs shopping village
Currently open five dinners a week with short trading hours
Own website for orders, with close to half of revenue from Uber Eats and Doordash
Fully equipped kitchen with 30 seats inside and capacity for 40 outside
Owner selling for health and retirement reasons

How it compares

Restaurants in New South Wales · asking prices

32% below restaurants here

Restaurants here ask a median 0.23× revenue. On its $312,000 revenue, that points to about $71,700; reads like this are typically within 30%, so $50,200 to $93,200. It asks $49,000.

Asking price: $49,00082% below the median of $270,000
Revenue: $312,000median is $1,075,318
Revenue multiple: 0.16×0.23× across the market; higher than 21 of 79
Time listed: 31 daysprice cut 35%, from $75,000

Restaurants in New South Wales

Restaurants for sale in New South Wales (112) →

Listed

112

+14 in 30 days

Median asking

$270K

107 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread107 of 112 state a price

This listing · $49K

19%

28%

36%

14%

Under $100K$1M–$2.5M

Australia 501 · Victoria 247 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 186 · Takeaways 114 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

Get new restaurants in New South Wales by email

Free · no account · unsubscribe anytime

Priced like this one

Restaurants for sale in New South Wales (112) →