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DealProspect/Listings/Food & Beverage

Korean Restaurant - Sydney CBD, NSW (Under Management)

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$182,000
est. from headline + $7,000 stock · AUD
Revenue
$1,654,545
TTM
Net Profit
$520,208
Implied multiple (assumed)
~0.3×
Assumed · headline + $7,000 stock

Brief

A Korean restaurant on a busy Sydney CBD road serving fried chicken and traditional dishes with a liquor licence until 2am, seating around 54. Fully under management with a team of full and part-time staff, drawing strong delivery sales from nearby apartments.

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 · $175K
17%
32%
31%
15%
1%
Under $100KOver $5M

Australia 1353 · Victoria 1070 · Queensland 73 · South Australia 29 · Western Australia 22

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