Chinese Restaurant - Wollongong
Restaurant
ActiveFood & BeverageNew South WalesB2C
Asking price
~$228,000
est. from headline + $40,000 stock · AUD
Revenue
$803,636
TTM
Net Profit
$322,920
Implied multiple (assumed)
~0.7×
Assumed · headline + $40,000 stock
Brief
Chinese cuisine restaurant facing a car park and street at a large Wollongong shopping centre, serving chicken, beef, soup and licensed drinks from a full kitchen with 120 seats and a walk-in cool room. Recently refurbished in 2019. Run by two owners with two full timers and casual staff; the lease runs to March 2027.
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 · $188K
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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