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DealProspect/Listings/Food & Beverage

Iconic Waterfront Cafe, Hastings

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
~$427,700
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$1,222,000
TTM
Earnings (est.)
~$309,658
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Purpose-built waterfront cafe in Hastings with outdoor seating for 160 patrons
  • Trades seven days, serving breakfast and lunch
  • Secure lease to be transferred to the new owner
  • Recently renovated with a strong local and visitor following
  • Popular venue for functions