Richmond Cafe, 7-Day Trade

Richmond Cafe, 7-Day Trade — Food & Beverage · Richmond · Asking $590,000 · Revenue $1,664,000

Cafe in Richmond, trading 7 days a week with a 3pm close Seats 80 people indoors and outdoors Uses approximately 40-45kg of coffee per week Run by one owner plus staff, with low overheads Located among a concentration of offices and apartments Described by the broker as a strong improver with growth potential

DealProspect/Listings/Food & Beverage

Richmond Cafe, 7-Day Trade

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$590,000

Disclosed · AUD

Revenue

$1,664,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Cafe in Richmond, trading 7 days a week with a 3pm close
Seats 80 people indoors and outdoors
Uses approximately 40-45kg of coffee per week
Run by one owner plus staff, with low overheads
Located among a concentration of offices and apartments
Described by the broker as a strong improver with growth potential

How it compares

Cafes in Victoria · asking prices

In line with cafes here

Cafes here ask a median 0.32× revenue. On its $1,664,000 revenue, that points to about $538,000; reads like this are typically within 30%, so $377,000 to $699,000. It asks $590,000, inside that range.

Asking price: $590,0002.5 times the median of $238,500
Revenue: $1,664,000median is $828,000
Revenue multiple: 0.35×0.32× across the market; higher than 176 of 302
Time listed: 68 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 · $590K

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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