Beachfront Cafe & Restaurant in Albert Park

Beachfront Cafe & Restaurant in Albert Park — Food & Beverage · Albert Park, Melbourne · Asking $280,000 · Revenue $1,040,000

Established cafe/restaurant opposite the ocean in Albert Park Quality renovations, large floor area suited to catering, functions and events Seating for 48 inside and 32 outside Liquor licence; trades to 3pm only 6-year secure lease

DealProspect/Listings/Food & Beverage

Beachfront Cafe & Restaurant in Albert Park

Cafe

ActiveFood & BeverageVictoriaB2C

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Asking price

$280,000

Disclosed · AUD

Revenue

$1,040,000

TTM

Earnings (est.)

~$199,992

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Established cafe/restaurant opposite the ocean in Albert Park
Quality renovations, large floor area suited to catering, functions and events
Seating for 48 inside and 32 outside
Liquor licence; trades to 3pm only
6-year secure lease

Cafes in Victoria

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Listed

575

+138 in 30 days

Median asking

$189K

469 priced

Median revenue

$676K

460 disclose

Earnings multiple

1.9×

11 listings

Time listed

36d

114 tracked

Price drops

in 30 days

Asking price spread469 of 575 state a price

This listing · $280K

24%

36%

28%

Under $100K$2.5M–$5M

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