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.)

~$86,785

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

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 $167,000; reads like this are typically within 30%, so $117,000 to $217,000. It asks $95,000.

Asking price: $95,00060% below the median of $235,000
Revenue: $520,000median is $828,000
Revenue multiple: 0.18×0.32× across the market; higher than 20 of 298
Time listed: 71 daysno price change

Cafes in Victoria

Cafes for sale in Victoria (436) →

Listed

436

+41 in 30 days

Median asking

$235K

369 priced

Median revenue

$828K

346 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread369 of 436 state a price

This listing · $95K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 851 · New South Wales 187 · Queensland 142 · South Australia 34 · Western Australia 26 · Tasmania 8

Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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