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DealProspect/Listings/Retail

Freehold Cafe & SPAR Supermarket, Karumba QLD

Cafe

ActiveRetailQueenslandB2C
Asking price
N/A
Disclosed · AUD
Revenue
Earnings
Implied multiple
n/a
Price includes the property

Brief

A freehold house, cafe and SPAR supermarket in Karumba, a remote coastal fishing town in Queensland's Gulf Country near the mouth of the Norman River. The offering combines multiple income streams with the freehold, so there is no rent to pay, and includes the only cafe in town and a supermarket with no meaningful competition, close to a busy caravan park drawing growing tourist trade. The business is currently under management. The land and premises total 2,024 sqm. Suited to an enterprising working couple or business-migrant buyers seeking a lifestyle change.

Cafes in Queensland

All 259
Listed
259
+14 in 30 days
Median asking
$250K
225 priced
Median revenue
$1M
90 disclose
Earnings multiple
1.3×
17 listings
Time listed
60d
68 tracked
Price drops
15
in 30 days
Asking price spread225 of 259 state a price
17%
32%
38%
11%
0%
Under $100K$2.5M–$5M

Victoria 575 · New South Wales 272 · Auckland 53 · South Australia 30 · Western Australia 25 · Canterbury 8

Takeaways 156 · Management rights businesses 152 · General retail businesses 143 · Restaurants 116 · Automotive workshops 90 · Building and construction businesses 70