Café in Templestowe, Prime Location

Café in Templestowe, Prime Location — Food & Beverage · Templestowe, Melbourne · Asking $149,000

Cafe in a prime Templestowe shopping strip, trading more than 25 years among other established food businesses Seats 90-plus across indoor, front and backyard areas Fully equipped commercial kitchen, coolroom and grease trap Liquor licence available for reactivation Lease has 4+5 years remaining at reasonable rent Currently closes at 1pm daily, leaving clear room to extend hours; selling due to…

DealProspect/Listings/Food & Beverage

Café in Templestowe, Prime Location

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$149,000

Disclosed · AUD

Revenue (est.)

Earnings (est.)

Typical multiple

Brief

Cafe in a prime Templestowe shopping strip, trading more than 25 years among other established food businesses
Seats 90-plus across indoor, front and backyard areas
Fully equipped commercial kitchen, coolroom and grease trap
Liquor licence available for reactivation
Lease has 4+5 years remaining at reasonable rent
Currently closes at 1pm daily, leaving clear room to extend hours; selling due to the owner's commitments elsewhere

Cafes in Victoria

Cafes for sale in Victoria (442) →

Listed

442

+46 in 30 days

Median asking

$240K

378 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread378 of 442 state a price

This listing · $149K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 850 · New South Wales 185 · Queensland 139 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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