Chicken shop, Glenroy, inner north Melbourne
Takeaway
ActiveFood & BeverageVictoriaB2C
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 prices58% above takeaways here
Takeaways here ask a median 0.32× revenue. On its $517,898 revenue, that points to about $165,000; reads like this are typically within 30%, so $115,000 to $215,000. It asks $260,000.
- Asking price
- $260,00033% above the median of $195,000
- Revenue
- $517,898median is $676,000
- Revenue multiple
- 0.5×0.32× across the market; higher than 222 of 233
- Time listed
- 1 dayrecently listed
Takeaways in Victoria
Takeaways for sale in Victoria (319) →Listed
319
+43 in 30 days
Median asking
$195K
298 priced
Median revenue
$676K
250 disclose
Earnings multiple
1.3×
316 listings
Price drops
14
in 30 days
Asking price spread298 of 319 state a price
This listing · $260K
2%
Under $100K$1M–$2.5M
Australia 575 · New South Wales 114 · Queensland 102 · Western Australia 22 · South Australia 10
Cafes 437 · Restaurants 249 · General retail businesses 73 · Newsagencies 69 · Supermarkets 66 · Bars 58
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