Muddy Waters Cafe, Wangaratta

Muddy Waters Cafe, Wangaratta — Hospitality & Tourism · Wangaratta · Asking $239,000

Leasehold cafe in the centre of Wangaratta, a town of over 30,000 residents. Established in 2003 and run by a husband and wife team for 13 years. 3 x 3 x 3 year lease with front and rear access plus owner parking at the rear. Seating for 95 inside and out with a rear courtyard and alfresco area. Near-new Bertazzoni oven; double-fronted shopfront with ice cream and candy bar. Pre-approval to…

DealProspect/Listings/Hospitality & Tourism

Muddy Waters Cafe, Wangaratta

Cafe

ActiveHospitality & TourismVictoriaB2C

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Asking price

$239,000

Disclosed · AUD

Revenue (est.)

~$776,731

Estimated · comparable listings of this type and size

Earnings (est.)

~$167,496

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Leasehold cafe in the centre of Wangaratta, a town of over 30,000 residents.
Established in 2003 and run by a husband and wife team for 13 years.
3 x 3 x 3 year lease with front and rear access plus owner parking at the rear.
Seating for 95 inside and out with a rear courtyard and alfresco area.
Near-new Bertazzoni oven; double-fronted shopfront with ice cream and candy bar.
Pre-approval to renovate and expand the kitchen; scope to add delivery services and extend hours.

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