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DealProspect/Listings/Hospitality & Tourism

Corner Takeaway Cafe With Passing Trade

Cafe

ActiveHospitality & TourismB2C
Asking price
$589,000
Disclosed · AUD
Revenue
$1,300,000
TTM
Earnings (est.)
~$251,810
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Corner-position takeaway cafe with strong street appeal
  • Serves passing trade, office workers and couriers
  • Currently operating under semi-management
  • Open 5 days plus Saturday morning, closed Sundays and public holidays
  • Coffee sales approximately 55kg per week
  • Indoor and outdoor seating for 30 with room to expand outdoor seating
  • Established for 15 years
  • Excellent shop fitting with nothing to spend
  • License agreement in place at $250 per week
  • Vendor will train the incoming buyer