Thai Cuisine Restaurant

Thai Cuisine Restaurant — Hospitality & Tourism · Victoria · Asking $248,000 · Revenue $702,000

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

DealProspect/Listings/Hospitality & Tourism

Thai Cuisine Restaurant

Restaurant

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

$248,000

Disclosed · AUD

Revenue

$702,000

TTM

Earnings (est.)

~$175,500

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

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

Restaurants in Victoria

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Listed

482

+197 in 30 days

Median asking

$179K

381 priced

Median revenue

$836K

366 disclose

Earnings multiple

1.9×

10 listings

Time listed

38d

74 tracked

Price drops

in 30 days

Asking price spread381 of 482 state a price

This listing · $248K

21%

41%

24%

Under $100K$2.5M–$5M

Queensland 116 · New South Wales 102 · South Australia 29 · Western Australia 21

Cafes 575 · Takeaways 528 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77 · Bakeries 76

Priced like this one

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