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DealProspect/Listings/Food & Beverage

Seafood Restaurant – Burwood

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
$358,000
Disclosed · plus stock · AUD
Revenue
$936,000
TTM
Earnings (est.)
~$268,450
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Beautifully fitted seafood restaurant in a prime Burwood location
  • Seating for approximately 150 patrons with a full commercial kitchen and walk-in coolroom
  • Liquor licence in place
  • Secure 10+5-year lease commenced June 2017
  • Strong weekly trade with substantial seating capacity
Listed
139
+14 in 30 days
Median asking
$275K
122 priced
Median revenue
$1.1M
95 disclose
Earnings multiple
0.8×
57 listings
Price drops
7
in 30 days
Asking price spread122 of 139 state a price
This listing · $358K
16%
31%
34%
14%
1%
Under $100KOver $5M

Australia 1304 · Victoria 1020 · Queensland 74 · South Australia 29 · Western Australia 22

Cafes 314 · Takeaways 157 · Childcare centres 82 · Manufacturing businesses 51 · General retail businesses 50 · Wholesale and distribution businesses 48