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.)

~$284,429

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

Implied multiple (assumed)

~2.1×

Assumed · asking ÷ estimated earnings (as advertised)

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 $535,000; reads like this are typically within 30%, so $375,000 to $696,000. It asks $590,000, inside that range.

Asking price: $590,0002.5 times the median of $235,000
Revenue: $1,664,000median is $828,000
Revenue multiple: 0.35×0.32× across the market; higher than 174 of 298
Time listed: 66 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 · $590K

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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