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.)

~$48,007

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~1.6×

Assumed · asking ÷ estimated earnings (as advertised)

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

57% above cafes here

Cafes here ask a median 0.32× revenue. On its $156,000 revenue, that points to about $50,200; reads like this are typically within 30%, so $35,100 to $65,300. It asks $79,000.

Asking price: $79,00066% below the median of $235,000
Revenue: $156,000median is $828,000
Revenue multiple: 0.51×0.32× across the market; higher than 273 of 298
Time listed: 109 daysno price change

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 · $79K

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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