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DealProspect/Listings/Food & Beverage

Cafe – Prime Walker Street, North Sydney

Cafe

ActiveFood & BeverageNew South WalesB2C
Asking price
$79,000
Disclosed · AUD
Revenue (est.)
~$259,442
Estimated · comparable listings of this type and size
Earnings (est.)
~$57,197
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Located on Walker Street, 2-minute walk from North Sydney Metro station
  • 104 sqm premises with indoor and outdoor seating
  • Fully equipped commercial kitchen; modern fit-out requiring no renovation
  • Rent approximately $68,000 per annum including GST
  • Secure lease until 2030 with a further 3-year option
  • Currently operating 5 days per week with scope to extend trading hours
  • Established loyal customer base with strong relationships with surrounding businesses