High-Turnover Corner Cafe, Knox City

High-Turnover Corner Cafe, Knox City — Food & Beverage · Knox · Asking $580,000 · Revenue $2,600,000

Well-established cafe in a prime corner position within Knox City with high foot traffic Trades 7 days a week with strong daily coffee volume and 80% day-trade custom Over 132 outside seats with a simple, straightforward operation Includes two weeks of head office training for a smooth handover

DealProspect/Listings/Food & Beverage

High-Turnover Corner Cafe, Knox City

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$580,000

Disclosed · AUD

Revenue

$2,600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Well-established cafe in a prime corner position within Knox City with high foot traffic
Trades 7 days a week with strong daily coffee volume and 80% day-trade custom
Over 132 outside seats with a simple, straightforward operation
Includes two weeks of head office training for a smooth handover

How it compares

Cafes in Victoria · asking prices

30% below cafes here

Cafes here ask a median 0.32× revenue. On its $2,600,000 revenue, that points to about $833,000; reads like this are typically within 30%, so $583,000 to $1,080,000. It asks $580,000.

Asking price: $580,0002.5 times the median of $236,500
Revenue: $2,600,000median is $803,000
Revenue multiple: 0.22×0.32× across the market; higher than 42 of 307
Time listed: 94 daysno price change

Cafes in Victoria

Cafes for sale in Victoria (448) →

Listed

448

+49 in 30 days

Median asking

$237K

382 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread382 of 448 state a price

This listing · $580K

18%

35%

33%

12%

Under $100K$1M–$2.5M

Australia 856 · New South Wales 185 · Queensland 139 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 316 · Restaurants 242 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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