Mi Piace Espresso Bar – Cairns

Mi Piace Espresso Bar – Cairns — Food & Beverage · Cairns · Asking $350,000 · Revenue $800,000

Established Italian-style espresso bar in Cairns CBD, trading since 2017 Loyal local, corporate and tourist customer base 75-seat capacity with a distinctive Italian espresso-bar fit-out Alcohol licence in place, with a strong relationship with Vittoria Coffee Currently trades around 43 hours a week with no Sunday, holiday or evening trade — scope to extend hours

DealProspect/Listings/Food & Beverage

Mi Piace Espresso Bar – Cairns

Cafe

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue

$800,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established Italian-style espresso bar in Cairns CBD, trading since 2017
Loyal local, corporate and tourist customer base
75-seat capacity with a distinctive Italian espresso-bar fit-out
Alcohol licence in place, with a strong relationship with Vittoria Coffee
Currently trades around 43 hours a week with no Sunday, holiday or evening trade — scope to extend hours

How it compares

Cafes in Queensland · asking prices

61% above smaller cafes here

Smaller cafes here ask a median 0.27× revenue. On its $800,000 revenue, that points to about $218,000; reads like this are typically within 30%, so $153,000 to $283,000. It asks $350,000.

Asking price: $350,00075% above the median of $200,000
Revenue: $800,000median is $800,454
Revenue multiple: 0.44×0.29× across the market; 0.32× for bigger ones, 0.27× for smaller
Time listed: 29 daysno price change

Cafes in Queensland

Cafes for sale in Queensland (141) →

Listed

141

+11 in 30 days

Median asking

$200K

137 priced

Median revenue

$800K

52 disclose

Earnings multiple

1.4×

20 listings

Price drops

in 30 days

Asking price spread137 of 141 state a price

This listing · $350K

22%

36%

31%

Under $100K$2.5M–$5M

Australia 853 · Victoria 441 · New South Wales 186 · South Australia 34 · Western Australia 25 · Tasmania 8

Takeaways 107 · Automotive workshops 76 · Restaurants 75 · General retail businesses 61 · Manufacturing businesses 56 · Hair salons 53

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