Licensed Cafe Restaurant - Niddrie

Licensed Cafe Restaurant - Niddrie — Food & Beverage · Niddrie, Victoria · Asking $389,000 · Revenue $1,170,000

Licensed cafe restaurant in a busy Niddrie location with 42-patron liquor licence Trades 6 days, Tuesday to Sunday, for breakfast, lunch and dinner Approx. 180 sqm with outdoor street seating Reasonable lease options available at low rent for the location

DealProspect/Listings/Food & Beverage

Licensed Cafe Restaurant - Niddrie

Restaurant

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$389,000

Disclosed · AUD

Revenue

$1,170,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Licensed cafe restaurant in a busy Niddrie location with 42-patron liquor licence
Trades 6 days, Tuesday to Sunday, for breakfast, lunch and dinner
Approx. 180 sqm with outdoor street seating
Reasonable lease options available at low rent for the location

How it compares

Restaurants in Victoria · asking prices

In line with restaurants here

Restaurants here ask a median 0.27× revenue. On its $1,170,000 revenue, that points to about $317,000; reads like this are typically within 30%, so $222,000 to $412,000. It asks $389,000, inside that range.

Asking price: $389,00079% above the median of $217,500
Revenue: $1,170,000median is $1,040,000
Revenue multiple: 0.33×0.27× across the market; higher than 104 of 151
Time listed: 129 daysno price change

Restaurants in Victoria

Restaurants for sale in Victoria (242) →

Listed

242

+21 in 30 days

Median asking

$218K

198 priced

Median revenue

$1M

175 disclose

Earnings multiple

2.1×

10 listings

Price drops

in 30 days

Asking price spread198 of 242 state a price

This listing · $389K

12%

44%

24%

12%

Under $100K$2.5M–$5M

Australia 494 · New South Wales 111 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 448 · Takeaways 316 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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