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DealProspect/Listings/Hospitality & Tourism

Freehold Cafe & Tapas Bar, Macksville NSW

Cafe

ActiveHospitality & TourismNew South WalesB2C
Asking price
$1,195,000
Disclosed · AUD
Revenue
$450,000
TTM
Earnings (est.)
~$108,000
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief

Elk on 38, a freehold cafe and tapas bar in the town centre of Macksville on the NSW Mid North Coast, sold under management with a loyal local customer base. The offering includes the business and the freehold property, which is business-zoned with development potential to build multi-storey to a council-approved height limit. The menu spans tapas, specialty coffee and casual dining. Suited to an owner-operator or a property developer seeking a going concern with a freehold upside.