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DealProspect/Listings/Food & Beverage

Mi Piace Espresso Bar – Cairns

Cafe

ActiveFood & BeverageQueenslandB2C
Asking price
$350,000
Disclosed · AUD
Revenue
$800,000
TTM
Earnings (est.)
~$227,031
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

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
Listed
148
+14 in 30 days
Median asking
$197K
144 priced
Median revenue
$728K
49 disclose
Earnings multiple
1.4×
19 listings
Price drops
18
in 30 days
Asking price spread144 of 148 state a price
This listing · $350K
22%
38%
30%
1%
Under $100K$2.5M–$5M

Australia 1449 · Victoria 897 · New South Wales 314 · South Australia 35 · Western Australia 29 · Tasmania 8

Takeaways 104 · Automotive workshops 81 · General retail businesses 80 · Restaurants 74 · Manufacturing businesses 64 · Wholesale and distribution businesses 58