Korean Restaurant, Sydney CBD
Restaurant
ActiveFood & BeverageNew South WalesB2C
Asking price
$200,000
Disclosed · AUD
Revenue
$661,818
TTM
Net Profit
$182,000
Implied multiple
1.1×
asking / earnings
Brief
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.
How it compares
Restaurants in New South Wales · asking prices32% above restaurants here
Restaurants here ask a median 0.23× revenue. On its $661,818 revenue, that points to about $152,000; reads like this are typically within 30%, so $106,000 to $198,000. It asks $200,000.
- Asking price
- $200,00026% below the median of $270,000
- Revenue
- $661,818median is $1,075,318
- Revenue multiple
- 0.3×0.23× across the market; higher than 52 of 79
- Time listed
- 0 daysrecently listed
Restaurants in New South Wales
Restaurants for sale in New South Wales (114) →Listed
114
+14 in 30 days
Median asking
$270K
109 priced
Median revenue
$1.1M
80 disclose
Earnings multiple
0.9×
64 listings
Price drops
12
in 30 days
Asking price spread109 of 114 state a price
This listing · $200K
5%
Under $100K$1M–$2.5M
Australia 502 · Victoria 247 · Queensland 76 · South Australia 25 · Western Australia 24
Cafes 183 · Takeaways 114 · Childcare centres 83 · Manufacturing businesses 46 · General retail businesses 45 · Wholesale and distribution businesses 43
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