Korean BBQ Restaurant, South Sydney

Korean BBQ Restaurant, South Sydney — Food & Beverage · South Sydney · Asking $329,000 + SAV · Revenue $1,063,636 · Net Profit $259,480

Grilled Korean BBQ restaurant in an outdoor food court near a train station, surrounded by apartments Seats 42 inside and 24 outside, with a full liquor licence until 10pm and a commercial kitchen with coolroom Open seven days across lunch and dinner and run under management with a full-time and part-time team More than seven years of stable trade with strong online reviews and repeat patrons…

DealProspect/Listings/Food & Beverage

Korean BBQ Restaurant, South Sydney

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,063,636

TTM

Net Profit

$259,480

Implied multiple (assumed)

Brief

Grilled Korean BBQ restaurant in an outdoor food court near a train station, surrounded by apartments
Seats 42 inside and 24 outside, with a full liquor licence until 10pm and a commercial kitchen with coolroom
Open seven days across lunch and dinner and run under management with a full-time and part-time team
More than seven years of stable trade with strong online reviews and repeat patrons
Lease runs five years from April 2024 with a five-year option

How it compares

Restaurants in New South Wales · asking prices

35% above restaurants here

Restaurants here ask a median 0.23× revenue. On its $1,063,636 revenue, that points to about $244,000; reads like this are typically within 30%, so $171,000 to $317,000. It asks $329,000.

Asking price: $329,00022% above the median of $270,000
Revenue: $1,063,636median is $1,075,318
Revenue multiple: 0.31×0.23× across the market; higher than 54 of 79
Time listed: 31 daysprice cut 41%, from $559,000

Restaurants in New South Wales

Restaurants for sale in New South Wales (111) →

Listed

111

+14 in 30 days

Median asking

$270K

106 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread106 of 111 state a price

This listing · $329K

18%

29%

35%

14%

Under $100K$1M–$2.5M

Australia 494 · Victoria 242 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 185 · Takeaways 115 · Childcare centres 86 · 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 (111) →