Skip to main content
DealProspect/Listings/Food & Beverage

Korean BBQ Buffet Restaurant, Inner West, Under Management

Restaurant

ActiveFood & BeverageNew South WalesB2C
Asking price
~$403,000
est. from headline + $13,000 stock · AUD
Revenue
$1,701,818
TTM
Net Profit
$371,280
Implied multiple (assumed)
~1.1×
Assumed · headline + $13,000 stock

Brief

  • Korean/Asian BBQ buffet restaurant in Sydney's Inner West, close to rail and metro stations, currently fully under management.
  • All-you-can-eat BBQ and buffet format with seating for around 125 across indoor and outdoor areas.
  • Licensed, with a long lease and plans to switch from charcoal to gas grills.
  • Only trading dinner service currently, with room to add a lunch buffet.
  • An owner-operator could likely save on wages and grow profit further.

How it compares

Restaurants in New South Wales · asking prices
In line with bigger restaurants here

Bigger restaurants here ask a median 0.27× revenue. On its $1,701,818 revenue, that points to about $455,000; reads like this are typically within 30%, so $319,000 to $592,000. It asks $390,000, inside that range.

Asking price
$390,00044% above the median of $270,000
Revenue
$1,701,818median is $1,075,318
Revenue multiple
0.23×0.23× across the market; 0.27× for bigger ones, 0.23× for smaller
Time listed
0 daysrecently listed

Restaurants in New South Wales

Restaurants for sale in New South Wales (138) →
Listed
138
+15 in 30 days
Median asking
$270K
121 priced
Median revenue
$1.1M
96 disclose
Earnings multiple
0.8×
59 listings
Price drops
9
in 30 days
Asking price spread121 of 138 state a price
This listing · $390K
17%
31%
35%
13%
5%
Under $100K$1M–$2.5M

Australia 527 · Victoria 245 · Queensland 76 · South Australia 29 · Western Australia 23

Cafes 313 · Takeaways 160 · Childcare centres 83 · Manufacturing businesses 49 · General retail businesses 48 · Wholesale and distribution businesses 46

Priced like this one

Restaurants for sale in New South Wales (138) →