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DealProspect/Listings/Food & Beverage

Chinatown Noodle Restaurant - Adelaide

Restaurant

ActiveFood & BeverageSouth AustraliaB2C
Asking price
$200,000
Disclosed · plus stock · AUD
Revenue
$567,000
TTM
Owner Earnings
$194,000
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Established Shaanxi-style noodle house in Adelaide's Chinatown dining precinct.
  • Leasehold restaurant of approximately 40 seats beside a large Chinese supermarket and near the Central Market.
  • Trades six days a week, lunch and dinner, and is already profitable.
  • Fully equipped commercial kitchen, freshly repainted in December 2025, with a flexible layout.
  • Orders come through the business's own online ordering platform plus third-party delivery apps, with further delivery channels not yet switched on.
  • Full handover offered by the departing owners.
Listed
29
+5 in 30 days
Median asking
$150K
26 priced
Median revenue
$702K
17 disclose
Earnings multiple
1.3×
319 listings
Price drops
3
in 30 days
Asking price spread26 of 29 state a price
This listing · $200K
38%
31%
19%
4%
Under $100K$2.5M–$5M

Australia 524 · Victoria 245 · New South Wales 136 · Queensland 75 · Western Australia 23

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