Cafe in the Heart of Pyrmont

Cafe in the Heart of Pyrmont — Hospitality & Tourism · Pyrmont, Sydney · Asking Contact Broker

Cafe in central Pyrmont with high exposure to residents, corporate, tourists and passers-by Simple menu requiring few wages Coffee sales of 10kg per week with scope to increase 70 sqm with seating for 46 Trades Monday to Sunday, 8am to 3pm, can operate longer Secure lease until 2026 with a further 3+3 year option and 3% increases

DealProspect/Listings/Hospitality & Tourism

Cafe in the Heart of Pyrmont

Cafe

ActiveHospitality & TourismNew South WalesB2C

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Asking price

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Disclosed · AUD

Revenue

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Earnings

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Implied multiple

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Brief

Cafe in central Pyrmont with high exposure to residents, corporate, tourists and passers-by
Simple menu requiring few wages
Coffee sales of 10kg per week with scope to increase
70 sqm with seating for 46
Trades Monday to Sunday, 8am to 3pm, can operate longer
Secure lease until 2026 with a further 3+3 year option and 3% increases

Cafes in New South Wales

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Listed

270

+25 in 30 days

Median asking

$217K

202 priced

Median revenue

$842K

146 disclose

Earnings multiple

1.3×

32 listings

Time listed

33d

52 tracked

Price drops

in 30 days

Asking price spread202 of 270 state a price

23%

36%

31%

Under $100K$2.5M–$5M

Victoria 494 · Queensland 257 · Auckland 53 · South Australia 30 · Western Australia 25 · Canterbury 8

Takeaways 114 · Childcare centres 110 · General retail businesses 106 · Restaurants 101 · Manufacturing businesses 48 · Wholesale and distribution businesses 45

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