Cafe - Mitcham

Cafe - Mitcham — Food & Beverage · Mitcham, VIC · Asking $79,000 · Revenue $156,000

Cafe in Mitcham's light industrial area, only 3 months old and still growing One-person operation, trades 5 days, closes 3pm Long 12-year lease

DealProspect/Listings/Food & Beverage

Cafe - Mitcham

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$79,000

Disclosed · AUD

Revenue

$156,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Cafe in Mitcham's light industrial area, only 3 months old and still growing
One-person operation, trades 5 days, closes 3pm
Long 12-year lease

How it compares

Cafes in Victoria · asking prices

58% above cafes here

Cafes here ask a median 0.32× revenue. On its $156,000 revenue, that points to about $50,000; reads like this are typically within 30%, so $35,000 to $65,000. It asks $79,000.

Asking price: $79,00067% below the median of $239,500
Revenue: $156,000median is $803,000
Revenue multiple: 0.51×0.32× across the market; higher than 281 of 307
Time listed: 111 daysno price change

Cafes in Victoria

Cafes for sale in Victoria (442) →

Listed

442

+46 in 30 days

Median asking

$240K

378 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread378 of 442 state a price

This listing · $79K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 850 · New South Wales 185 · Queensland 139 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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