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DealProspect/Listings/Hospitality & Tourism

Freehold Cafe & Takeaway with Shops

Cafe

ActiveHospitality & TourismB2C
Asking price
~$1,717,500
est. from headline + $17,500 stock · AUD
Revenue
$1,054,560
TTM
Net Profit
$543,560
Implied multiple
n/a
Price includes the property
Brief
  • Freehold property with 3 shop fronts to the main street in a Snowy/Monaro district town
  • Comprises a busy cafe/takeaway, an adjoining shop used as a function room, and a tobacconist/gift shop
  • Cafe established in 2000 by the vendor with minimal competition
  • Overall property is 2020 sqm with shops occupying approx 350 sqm each
  • Cafe fitted out to a very high standard
  • Good leases in place for each business
  • Cafe business also available on a standalone basis