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DealProspect/Listings/Food & Beverage

Korean Restaurant / Takeaway - Inner West Sydney, NSW

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$89,500
est. from headline + $4,500 stock · AUD
Revenue
$590,909
TTM
Net Profit
$306,488
Implied multiple (assumed)
~0.3×
Assumed · headline + $4,500 stock

Brief

A Korean restaurant and takeaway on a restaurant strip in Inner West Sydney with a liquor licence and around 42 seats, serving traditional entrees and rice dishes. Run by two owners full time on a lease from March 2019.

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 · $85K
17%
32%
31%
15%
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