Vietnamese Restaurant, Northcote

Vietnamese Restaurant, Northcote — Food & Beverage · Northcote · Asking $165,000 + Stock · Revenue $832,000

Vietnamese restaurant in a prime Northcote location, long established with a loyal following Trades all seven days Licensed for 100 patrons across 130 square metres of premises Kitchen is modern and well equipped New lease structured as 3x3x3 years is on offer Site would also suit another cuisine such as dumplings, Korean or Indian; vendor selling after 12 years

DealProspect/Listings/Food & Beverage

Vietnamese Restaurant, Northcote

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$165,000 + stock

Disclosed · AUD

Revenue

$832,000

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

Vietnamese restaurant in a prime Northcote location, long established with a loyal following
Trades all seven days
Licensed for 100 patrons across 130 square metres of premises
Kitchen is modern and well equipped
New lease structured as 3x3x3 years is on offer
Site would also suit another cuisine such as dumplings, Korean or Indian; vendor selling after 12 years

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Listed

247

+19 in 30 days

Median asking

$218K

202 priced

Median revenue

$1M

179 disclose

Earnings multiple

2.2×

9 listings

Price drops

in 30 days

Asking price spread202 of 247 state a price

This listing · $165K

12%

45%

24%

11%

Under $100K$2.5M–$5M

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