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DealProspect/Listings/Food & Beverage

Freehold Cafe & Spar Supermarket – Karumba, QLD

Cafe

ActiveFood & BeverageQueenslandB2C
Asking price
Revenue
$2,153,996
TTM
Earnings (est.)
Implied multiple
n/a
Price includes the property

Brief

A combined freehold sale of a house, cafe and Spar supermarket in the Gulf Country town of Karumba, the only cafe in town with no meaningful supermarket competition. The business is currently under management and sits close to a busy caravan park serving the region's fishing and tourism trade.

Listed
139
+11 in 30 days
Median asking
$200K
135 priced
Median revenue
$801K
51 disclose
Earnings multiple
1.3×
18 listings
Price drops
11
in 30 days
Asking price spread135 of 139 state a price
This listing · $935K
22%
36%
31%
8%
1%
Under $100K$2.5M–$5M

Australia 850 · Victoria 442 · New South Wales 185 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 106 · Automotive workshops 75 · Restaurants 75 · General retail businesses 59 · Manufacturing businesses 57 · Hair salons 54

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