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DealProspect/Listings/Hospitality & Tourism

Cafe Opposite Randwick Hospital

Cafe

ActiveHospitality & TourismNew South WalesB2C
Asking price
~$243,750
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$780,000-$832,000
TTM
Earnings (est.)
~$176,477
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Well-established cafe across the road from the hospital in Randwick
  • Non-stop foot traffic in a gold-mine location
  • Coffee sales of 30kg per week
  • Low staffing requirements
  • Full commercial kitchen with indoor and outdoor seating
  • New lease available
  • Growth potential through catering to the hospital and evening trade
  • Currently trades daytime hours only