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DealProspect/Listings/Hospitality & Tourism

Vietnamese Restaurant, Northcote

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$165,000
Disclosed · AUD
Revenue
$832,000
TTM
Earnings (est.)
~$209,830
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Vietnamese cuisine restaurant in a prime Northcote location
  • Long established business with regular loyal customer base
  • Trades 7 days (11.00-10.30)
  • Licensed for 100 patrons
  • Large premises of 130 sqm
  • Modern and well-equipped commercial kitchen
  • New 3x3x3 lease on offer
  • Suit any other cuisine such as dumplings, Korean or Indian
  • Vendor selling after 12 years