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DealProspect/Listings/Hospitality & Tourism

Cafe, Mill Park

Cafe

ActiveHospitality & TourismVictoriaB2C
Asking price
~$130,000
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$94,121
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Long-established cafe in the heart of Mill Park's busy commercial centre
  • Heavy foot traffic with indoor and outdoor seating
  • Long, secure new lease and plenty of parking
  • Established and operated by the same owner for 12 years
  • Strong reputation with many loyal regular customers
  • Sells 22kg of coffee per week
  • Premises offer potential to convert to another business type