Asian Restaurant & Noodle Bar, Ripponlea

Asian Restaurant & Noodle Bar, Ripponlea — Food & Beverage · Ripponlea, Melbourne · Asking $59,000

Fully fitted-out Asian-style restaurant and noodle bar in Ripponlea/Elsternwick Prime position in a strong foot-traffic retail strip Fully fitted commercial kitchen and walk-in coolroom Seating for up to 50 patrons Long secure lease on favourable terms, ready for immediate operation

DealProspect/Listings/Food & Beverage

Asian Restaurant & Noodle Bar, Ripponlea

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$59,000

Disclosed · plus stock · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

Brief

Fully fitted-out Asian-style restaurant and noodle bar in Ripponlea/Elsternwick
Prime position in a strong foot-traffic retail strip
Fully fitted commercial kitchen and walk-in coolroom
Seating for up to 50 patrons
Long secure lease on favourable terms, ready for immediate operation

Restaurants in Victoria

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Listed

248

+21 in 30 days

Median asking

$218K

204 priced

Median revenue

$988K

180 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread204 of 248 state a price

This listing · $59K

13%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 496 · New South Wales 110 · Queensland 76 · Western Australia 24 · South Australia 23

Cafes 432 · Takeaways 317 · General retail businesses 72 · Newsagencies 69 · Supermarkets 67 · Bars 58

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