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DealProspect/Listings/Food & Beverage

Licensed Cafe and Restaurant, Albert Park

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
$175,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$135,788
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Cafe opposite the beach in Albert Park that also runs as a restaurant a couple of nights a week.
  • Premium bayside location with an existing team in place.
  • Flexible lease with no royalties or marketing fees to pay.
  • Morning-to-afternoon cafe trading hours, plus evening restaurant service.
  • Suits a hands-on owner-operator.

How it compares

Cafes in Victoria · asking prices
In line with cafes here

Cafes here ask a median 0.32× revenue. On its $624,000 revenue, that points to about $202,000; reads like this are typically within 30%, so $141,000 to $263,000. It asks $175,000, inside that range.

Asking price
$175,00024% below the median of $230,000
Revenue
$624,000median is $815,000
Revenue multiple
0.28×0.32× across the market; higher than 97 of 299
Time listed
0 daysrecently listed
Listed
429
+39 in 30 days
Median asking
$230K
363 priced
Median revenue
$815K
346 disclose
Earnings multiple
1.5×
9 listings
Price drops
22
in 30 days
Asking price spread363 of 429 state a price
This listing · $175K
16%
38%
32%
11%
1%
Under $100K$2.5M–$5M

Australia 971 · New South Wales 313 · Queensland 142 · South Australia 35 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 245 · General retail businesses 70 · Supermarkets 64 · Newsagencies 63 · Bars 58