Established Cafe, Devonport
Cafe
ActiveFood & BeverageTasmaniaB2C
Asking price
$650,000
Disclosed · AUD
Revenue
$1,000,000+
TTM
Earnings (est.)
~$245,895
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~2.6×
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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Where this asking price sits against similar businesses for sale.
Cafes in Tasmania
Cafes for sale in Tasmania (8) →Listed
8
active
Median asking
$99K
7 priced
Median revenue
$771K
5 disclose
Earnings multiple
1.3×
313 listings
Asking price spread7 of 8 state a price
This listing · $650K
14%
Under $100K$500K–$1M
Australia 851 · Victoria 436 · New South Wales 187 · Queensland 142 · South Australia 34 · Western Australia 26
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