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Drekka Cafe, Richmond

Cafe

ActiveHospitality & TourismVictoriaB2C
Asking price
$75,000
Disclosed · AUD
Revenue (est.)
~$243,744
Estimated · comparable listings of this type and size
Earnings (est.)
~$52,561
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Cafe with indoor and outdoor seating, modern fit-out, coffee counter and back kitchen.
  • Located on Lennox Street on the Cremorne and Richmond border with passing traffic.
  • Open 6 days for breakfast and lunch, closing by 4pm.
  • Free-standing building with 9 years remaining on the lease; rent $50,000 per annum plus outgoings.
  • Seats 20 with additional street-side seating; liquor licence approved by City of Yarra.
  • Includes a 2-bedroom upstairs living quarters that can be sublet or used for lodging.

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