Established Café, Greensborough Area

Established Café, Greensborough Area — Food & Beverage · Greensborough, Melbourne · Asking $110,000

Well-set-up local café established for 13 years Located around Greensborough, surrounded by a large residential community Quality fit-out with all required equipment included 50 seats indoor and outdoor, plus a courtyard suited to private functions Previous liquor licence with existing plans and permits ready for reactivation Short current trading hours, closing 2-3pm, with potential to extend…

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Established Café, Greensborough Area

Cafe

ActiveFood & BeverageVictoriaB2C

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Asking price

$110,000

Disclosed · AUD

Revenue (est.)

~$361,248

Estimated · comparable listings of this type and size

Earnings (est.)

~$79,641

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-set-up local café established for 13 years
Located around Greensborough, surrounded by a large residential community
Quality fit-out with all required equipment included
50 seats indoor and outdoor, plus a courtyard suited to private functions
Previous liquor licence with existing plans and permits ready for reactivation
Short current trading hours, closing 2-3pm, with potential to extend
Low rent with a long secure lease in place
Optional adjoining 2-bedroom house available to rent separately

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