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DealProspect/Listings/Hospitality & Tourism

Established Cafe with Optional Freehold

Cafe

ActiveHospitality & TourismQueenslandB2C
Asking price
$490,000+
Disclosed · AUD
Revenue
$1,300,000
TTM
Net Profit
$280,000
Implied multiple
1.8×
asking / earnings
Brief
  • Established in 1987; current owner since 2007
  • Trades 5.5 days per week with a regular clientele base
  • Fully staffed with 11 employees handling cooking and service
  • Owner input limited to admin and assisting when required
  • Freehold available with a 2-bedroom residential apartment above
  • Newly renovated and upgraded kitchen and service counters