Restaurant - Croydon

Restaurant - Croydon — Food & Beverage · Croydon · Asking $495,000 · Revenue $2,000,000

Restaurant in a prominent Croydon shopping centre, trading 7 days Full liquor licence until 1am Modern fitout with courtyard seating, about 350 sqm Operates under full management with a well-known established franchise brand Plenty of car parking available

DealProspect/Listings/Food & Beverage

Restaurant - Croydon

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$495,000

Disclosed · AUD

Revenue

$2,000,000

TTM

Earnings (est.)

Implied multiple (assumed)

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Our estimates of the figures this ad leaves out
How the asking price compares, with comparable businesses
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How long it has been for sale

Brief

Restaurant in a prominent Croydon shopping centre, trading 7 days
Full liquor licence until 1am
Modern fitout with courtyard seating, about 350 sqm
Operates under full management with a well-known established franchise brand
Plenty of car parking available

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $2,000,000 revenue, that points to about $542,000; reads like this are typically within 30%, so $379,000 to $705,000. It asks $495,000, inside that range.

Asking price: $495,0002.3 times the median of $220,000
Revenue: $2,000,000median is $1,040,000
Revenue multiple: 0.25×0.27× across the market; higher than 59 of 151
Time listed: 0 daysrecently listed

Restaurants in Victoria

Restaurants for sale in Victoria (238) →

Listed

238

+20 in 30 days

Median asking

$220K

195 priced

Median revenue

$1M

174 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread195 of 238 state a price

This listing · $495K

11%

45%

25%

12%

Under $100K$2.5M–$5M

Australia 488 · New South Wales 110 · Queensland 74 · South Australia 25 · Western Australia 23

Cafes 439 · Takeaways 321 · Newsagencies 68 · General retail businesses 67 · Supermarkets 67 · Bars 60

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