Vietnamese Restaurant, Northcote

Vietnamese Restaurant, Northcote — Hospitality & Tourism · Northcote · Asking $165,000 · Revenue $832,000

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

DealProspect/Listings/Hospitality & Tourism

Vietnamese Restaurant, Northcote

Restaurant

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$165,000

Disclosed · AUD

Revenue

$832,000

TTM

Earnings (est.)

~$208,000

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

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 · $165K

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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