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DealProspect/Listings/Hospitality & Tourism

Top-Performing North Shore Cafe

Cafe

ActiveHospitality & TourismNew South WalesB2C
Asking price
$495,000
Disclosed · AUD
Revenue
$1,448,096
TTM
Earnings (est.)
~$278,469
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established café in a ground-floor position on Sydney's Lower North Shore
  • 61sqm premises with fully equipped commercial kitchen
  • Open seven days, serving a loyal local clientele
  • Long-term lease in place until 2032, with rent around 7.5% of turnover
  • Team of five kitchen and five front-of-house staff, including one sponsored chef
  • Owner selling for personal reasons