Cafe, Richmond

Cafe, Richmond — Food & Beverage · Richmond, Melbourne · Asking $65,000

Cafe premises for sale as a chattel sale in Richmond, Melbourne Full commercial kitchen and 50+ seating capacity included Secured by a 3+3+3+3 lease commenced July 2022 with affordable weekly rent Ready for immediate occupancy with an established hospitality fit-out Suited to an operator wanting to establish their own brand and concept without a new fit-out

DealProspect/Listings/Food & Beverage

Cafe, Richmond

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$65,000

Disclosed · AUD

Revenue (est.)

~$202,808

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$45,859

Estimated · comparable listings of this type and size · typically within ±30%

Typical multiple

~1.4×

comparable listings of this type and size · typically within ±30%

Brief

Cafe premises for sale as a chattel sale in Richmond, Melbourne
Full commercial kitchen and 50+ seating capacity included
Secured by a 3+3+3+3 lease commenced July 2022 with affordable weekly rent
Ready for immediate occupancy with an established hospitality fit-out
Suited to an operator wanting to establish their own brand and concept without a new fit-out

Cafes in Victoria

Cafes for sale in Victoria (436) →

Listed

436

+41 in 30 days

Median asking

$235K

369 priced

Median revenue

$828K

346 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread369 of 436 state a price

This listing · $65K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 851 · New South Wales 187 · Queensland 142 · South Australia 34 · Western Australia 26 · Tasmania 8

Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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