Chinese & Korean Restaurant, Inner West Sydney

Chinese & Korean Restaurant, Inner West Sydney — Food & Beverage · Inner West Sydney · Asking $189,000 · Revenue $1,087,000 · Net Profit $392,000

Chinese-Korean restaurant on a busy restaurant/cafe strip in the Inner West 40 seats inside 120 sqm premises, lease to February 2031 Trades 7 days 2 full-time chefs and part-time hall staff

DealProspect/Listings/Food & Beverage

Chinese & Korean Restaurant, Inner West Sydney

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,087,000

TTM

Net Profit

$392,000

Implied multiple (assumed)

Brief

Chinese-Korean restaurant on a busy restaurant/cafe strip in the Inner West
40 seats inside
120 sqm premises, lease to February 2031
Trades 7 days
2 full-time chefs and part-time hall staff

How it compares

Restaurants in New South Wales · asking prices

In line with restaurants here

Restaurants here ask a median 0.23× revenue. On its $1,087,000 revenue, that points to about $250,000; reads like this are typically within 30%, so $175,000 to $325,000. It asks $189,000, inside that range.

Asking price: $189,00030% below the median of $270,000
Revenue: $1,087,000median is $1,075,318
Revenue multiple: 0.17×0.23× across the market; higher than 24 of 79
Time listed: 31 daysno price change

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 · $189K

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) →