King Valley Popcorn Cafe & Ice Creamery, Glenrowan
Cafe
ActiveHospitality & TourismVictoriaB2C
Asking price
$199,000
Disclosed · AUD
Revenue (est.)
~$653,530
Estimated · comparable listings of this type and size
Earnings (est.)
~$144,078
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold cafe, lolly shop and ice creamery in Glenrowan, run by the owner/operator for 9 years.
- Produces Glenrowan's scones, up to 150 per day.
- Sells King Valley popcorn, chocolate, ice cream and local produce including Billson's soda.
- Cafe serves coffee, hotdogs, milkshakes, toasties, scones, pizza and frozen handmade meals.
- Existing lease with 2 x 3 year options and very low rent.
- Located on the main street of a year-round tourist destination.
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