Chicken shop, Glenroy, inner north Melbourne

Chicken shop, Glenroy, inner north Melbourne — Food & Beverage · Glenroy · Asking $260,000 · Revenue $517,898 · SDE $151,391

A popular chicken shop on a busy neighbourhood shopping strip in Glenroy, about 10km north of Melbourne's CBD, with a long lease to 2033 and very low rent.

DealProspect/Listings/Food & Beverage

Chicken shop, Glenroy, inner north Melbourne

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$260,000

Disclosed · AUD

Revenue

$517,898

TTM

Earnings

$151,391

Implied multiple

1.7×

asking / earnings

Brief

A popular chicken shop on a busy neighbourhood shopping strip in Glenroy, about 10km north of Melbourne's CBD, with a long lease to 2033 and very low rent.

How it compares

Takeaways in Victoria · asking prices

57% above takeaways here

Takeaways here ask a median 0.32× revenue. On its $517,898 revenue, that points to about $166,000; reads like this are typically within 30%, so $116,000 to $216,000. It asks $260,000.

Asking price: $260,00042% above the median of $182,500
Revenue: $517,898median is $676,000
Revenue multiple: 0.5×0.32× across the market; higher than 223 of 233
Time listed: 15 daysno price change

Takeaways in Victoria

Takeaways for sale in Victoria (314) →

Listed

314

+35 in 30 days

Median asking

$183K

292 priced

Median revenue

$676K

251 disclose

Earnings multiple

1.3×

311 listings

Price drops

in 30 days

Asking price spread292 of 314 state a price

This listing · $260K

20%

41%

32%

Under $100K$1M–$2.5M

Australia 580 · New South Wales 117 · Queensland 106 · Western Australia 23 · South Australia 10

Cafes 438 · Restaurants 237 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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