Café in Templestowe, Prime Location

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

Operating for over 25 years in a prime Templestowe location Situated in a high-foot-traffic shopping strip surrounded by successful food businesses Seating for 90+ patrons across inside, front and backyard areas Fully equipped with a commercial kitchen, coolroom and grease trap Liquor licence available for reactivation Long lease with 4+5 years remaining at reasonable rent Short current trading…

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.)

~$484,238

Estimated · comparable listings of this type and size

Earnings (est.)

~$104,422

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Operating for over 25 years in a prime Templestowe location
Situated in a high-foot-traffic shopping strip surrounded by successful food businesses
Seating for 90+ patrons across inside, front and backyard areas
Fully equipped with a commercial kitchen, coolroom and grease trap
Liquor licence available for reactivation
Long lease with 4+5 years remaining at reasonable rent
Short current trading hours, closing at 1pm daily, with room to extend
Selling due to owner's commitments in another business

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