Street Food & Fast Casual Restaurant — Business Valuation Multiple
EBITDA Valuation Guide · Small & Mid-Sized Businesses
Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.
Min
2×
Typical
3×
Max
4.5×
Revenue Model
Repeat
Capital Intensity
Medium
A typical multiple of 3× EBITDA reflects mid-market transactions in the $1–$50M revenue range.
Overview
Fast casual and street food restaurant businesses typically trade at 2×–4.5× EBITDA. Multi-site scalability with systemised operations, strong brand recognition, and delivery platform diversification support the upper end. High food cost percentages and lease concentrations are the primary risk factors. Franchise models with recurring royalty streams attract stronger acquisition interest.
Key Value Drivers
- Multi-site scalability with systemised operations
- Strong brand recognition and social following
- Delivery platform diversification
- Franchise model with royalty streams
- Efficient kitchen model with low waste
Key Risks
- Food cost and labour inflation
- High lease concentration risk
- Delivery platform fee dependency
- Foot traffic volatility
- Menu trend dependency
Related Industries
Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.