Korean BBQ Restaurant, Upper North Shore

Korean BBQ Restaurant, Upper North Shore — Food & Beverage · Upper North Shore, Sydney · Asking $59,000 + SAV · Revenue $567,273 · Net Profit $146,276

Newly renovated Korean BBQ restaurant on a street of restaurants, a hotel and a motel on Sydney's Upper North Shore Tables have built-in grills; seats 55 inside with a full liquor licence until 10pm Open seven days for lunch and dinner; the owner works as chef with a small full- and part-time team Lease runs three years from November 2025 with a three-year option Urgent sale because of the…

DealProspect/Listings/Food & Beverage

Korean BBQ Restaurant, Upper North Shore

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$567,273

TTM

Net Profit

$146,276

Implied multiple (assumed)

Brief

Newly renovated Korean BBQ restaurant on a street of restaurants, a hotel and a motel on Sydney's Upper North Shore
Tables have built-in grills; seats 55 inside with a full liquor licence until 10pm
Open seven days for lunch and dinner; the owner works as chef with a small full- and part-time team
Lease runs three years from November 2025 with a three-year option
Urgent sale because of the owner's health; staff are not yet aware

How it compares

Restaurants in New South Wales · asking prices

55% below restaurants here

Restaurants here ask a median 0.23× revenue. On its $567,273 revenue, that points to about $130,000; reads like this are typically within 30%, so $91,000 to $169,000. It asks $59,000.

Asking price: $59,00078% below the median of $270,000
Revenue: $567,273median is $1,075,318
Revenue multiple: 0.1×0.23× across the market; higher than 8 of 79
Time listed: 31 daysprice cut 60%, from $149,000

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 · $59K

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

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