Korean Food Business - Westfield Fountain Gate

Korean Food Business - Westfield Fountain Gate — Food & Beverage · Fountain Gate · Asking $145,000

Established Korean food business in the busy Westfield Fountain Gate food court Operates from a fitted-out tenancy of approximately 47 sqm with a full commercial kitchen and cool room Benefits from strong exposure in a major south-east Melbourne retail and dining destination Supported by an experienced staffing structure Existing infrastructure in place for an incoming operator

DealProspect/Listings/Food & Beverage

Korean Food Business - Westfield Fountain Gate

Takeaway

ActiveFood & BeverageVictoriaB2C

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Asking price

$145,000

Disclosed · plus stock · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

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Brief

Established Korean food business in the busy Westfield Fountain Gate food court
Operates from a fitted-out tenancy of approximately 47 sqm with a full commercial kitchen and cool room
Benefits from strong exposure in a major south-east Melbourne retail and dining destination
Supported by an experienced staffing structure
Existing infrastructure in place for an incoming operator

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Listed

321

+41 in 30 days

Median asking

$192K

298 priced

Median revenue

$676K

257 disclose

Earnings multiple

1.3×

312 listings

Price drops

in 30 days

Asking price spread298 of 321 state a price

This listing · $145K

19%

41%

32%

Under $100K$1M–$2.5M

Australia 586 · New South Wales 115 · Queensland 107 · Western Australia 23 · South Australia 10

Cafes 439 · Restaurants 238 · Newsagencies 68 · General retail businesses 67 · Supermarkets 67 · Bars 60

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