Licensed Café in Richmond, with 4-Bed Dwelling

Licensed Café in Richmond, with 4-Bed Dwelling — Food & Beverage · Richmond, Melbourne · Asking $95,000 · Revenue $520,000

Cafe on one of Richmond's main roads with strong passing traffic, trading more than 20 years Surrounded by hospitality, retail, corporate offices and a large residential community Currently open six days a week, closing at 2:30pm Indoor seating plus a rear courtyard and outdoor footpath dining, around 70 seats in total Fully licensed, with a front coffee bar and rear juice bar Secure 9-year lease…

DealProspect/Listings/Food & Beverage

Licensed Café in Richmond, with 4-Bed Dwelling

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$95,000

Disclosed · AUD

Revenue

$520,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Cafe on one of Richmond's main roads with strong passing traffic, trading more than 20 years
Surrounded by hospitality, retail, corporate offices and a large residential community
Currently open six days a week, closing at 2:30pm
Indoor seating plus a rear courtyard and outdoor footpath dining, around 70 seats in total
Fully licensed, with a front coffee bar and rear juice bar
Secure 9-year lease at reasonable rent; sale is urgent due to the owner's health

How it compares

Cafes in Victoria · asking prices

43% below cafes here

Cafes here ask a median 0.32× revenue. On its $520,000 revenue, that points to about $168,000; reads like this are typically within 30%, so $118,000 to $218,000. It asks $95,000.

Asking price: $95,00060% below the median of $238,500
Revenue: $520,000median is $828,000
Revenue multiple: 0.18×0.32× across the market; higher than 20 of 302
Time listed: 74 daysno price change

Cafes in Victoria

Cafes for sale in Victoria (441) →

Listed

441

+43 in 30 days

Median asking

$239K

374 priced

Median revenue

$828K

350 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread374 of 441 state a price

This listing · $95K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 853 · New South Wales 186 · Queensland 141 · South Australia 34 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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