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DealProspect/Listings/Hospitality & Tourism

Iconic Western Australian Cafe

Cafe

ActiveHospitality & TourismB2C
Asking price
$1,795,000
Disclosed · AUD
Revenue (est.)
~$2,959,091
Estimated · comparable listings of this type and size
Net Profit
$651,000
Implied multiple
2.8×
asking / earnings
Brief
  • Iconic Western Australian cafe with a stellar reputation and numerous positive online reviews
  • Gross profit margins in the region of 70%+
  • Long lease in place with a 10-year option
  • Potential to extend operating hours to include dinner service