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DealProspect/Listings/Hospitality & Tourism

Thai Cuisine Restaurant

Restaurant

ActiveHospitality & TourismB2C
Asking price
$248,000
Disclosed · AUD
Revenue
$676,000-$728,000
TTM
Earnings (est.)
~$170,487
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Long established Thai restaurant in prime Bayside location
  • Main road with excellent exposure
  • Trades 6 days, lunch and dinner, closed Mondays
  • Seating 50 inside, 12 outside
  • Low overheads operation
  • Operated by 2 vendors plus 11 casual employees
  • Regular loyal customer base
  • Large 125 sqm premises with well-equipped commercial kitchen
  • Licensed BYO
  • Vendor selling after 20+ years