Established Cafe, Devonport

Established Cafe, Devonport — Food & Beverage · Devonport · Asking $650,000 · Revenue $1,000,000+

Turnkey cafe in Devonport with 15 years of community trading history Rustic, bright venue with high ceilings and a mezzanine level suited to daily service and events Team of 14-15 trained staff already in place with all systems and procedures established Open seven days for lunch and brunch with 85 seats and a liquor licence in place Approximately 14 years remaining on the lease Growth potential…

DealProspect/Listings/Food & Beverage

Established Cafe, Devonport

Cafe

ActiveFood & BeverageTasmaniaB2C

View original listing ↗

Asking price

$650,000

Disclosed · AUD

Revenue

$1,000,000+

TTM

Earnings (est.)

~$193,700

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Turnkey cafe in Devonport with 15 years of community trading history
Rustic, bright venue with high ceilings and a mezzanine level suited to daily service and events
Team of 14-15 trained staff already in place with all systems and procedures established
Open seven days for lunch and brunch with 85 seats and a liquor licence in place
Approximately 14 years remaining on the lease
Growth potential through evening dining, off-site catering and functions

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