Popular Richmond Cafe – Big Improver

Popular Richmond Cafe – Big Improver — Food & Beverage · Richmond, Melbourne · Asking $149,000 · Revenue $910,000

Well-established and secure Richmond cafe with strong upside potential Spacious premises with generous indoor and courtyard seating Fully equipped kitchen and 1am liquor licence Long-established, proven business with the current owner selling after 20 years Tremendous, high-traffic location

DealProspect/Listings/Food & Beverage

Popular Richmond Cafe – Big Improver

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$149,000

Disclosed · AUD

Revenue

$910,000

TTM

Earnings (est.)

~$142,212

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

Implied multiple (assumed)

~1.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established and secure Richmond cafe with strong upside potential
Spacious premises with generous indoor and courtyard seating
Fully equipped kitchen and 1am liquor licence
Long-established, proven business with the current owner selling after 20 years
Tremendous, high-traffic location

How it compares

Cafes in Victoria · asking prices

49% below cafes here

Cafes here ask a median 0.32× revenue. On its $910,000 revenue, that points to about $295,000; reads like this are typically within 30%, so $207,000 to $384,000. It asks $149,000.

Asking price: $149,00038% below the median of $239,000
Revenue: $910,000median is $832,000
Revenue multiple: 0.16×0.32× across the market; higher than 14 of 302
Time listed: 57 daysno price change

Cafes in Victoria

Cafes for sale in Victoria (441) →

Listed

441

+41 in 30 days

Median asking

$239K

373 priced

Median revenue

$832K

351 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread373 of 441 state a price

This listing · $149K

17%

36%

32%

12%

Under $100K$2.5M–$5M

Australia 859 · New South Wales 187 · Queensland 144 · South Australia 35 · Western Australia 26 · Tasmania 8

Takeaways 316 · Restaurants 248 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67 · Manufacturing businesses 61

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