Korean Restaurant, Sydney CBD

Korean Restaurant, Sydney CBD — Food & Beverage · Sydney CBD · Asking $200,000 · Revenue $728,000 · Net Profit $182,000

A recently renovated Korean restaurant in Sydney CBD's busy dining precinct near Central Station and Chinatown, offering dine-in, takeaway and delivery with a liquor licence permitting trade to midnight. Owner-chef opportunity.

DealProspect/Listings/Food & Beverage

Korean Restaurant, Sydney CBD

Restaurant

ActiveFood & BeverageNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$200,000

Disclosed · AUD

Revenue

$728,000

TTM

Net Profit

$182,000

Implied multiple

1.1×

asking / earnings

Brief

How it compares

Restaurants in New South Wales · asking prices

In line with restaurants here

Restaurants here ask a median 0.23× revenue. On its $728,000 revenue, that points to about $167,000; reads like this are typically within 30%, so $117,000 to $217,000. It asks $200,000, inside that range.

Asking price: $200,00026% below the median of $270,000
Revenue: $728,000median is $1,075,318
Revenue multiple: 0.27×0.23× across the market; higher than 48 of 79
Time listed: 8 daysrecently listed

Restaurants in New South Wales

Restaurants for sale in New South Wales (112) →

Listed

112

+14 in 30 days

Median asking

$270K

107 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread107 of 112 state a price

This listing · $200K

19%

28%

36%

14%

Under $100K$1M–$2.5M

Australia 501 · Victoria 247 · Queensland 75 · South Australia 25 · Western Australia 24

Cafes 186 · Takeaways 114 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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