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DealProspect/Listings/Food & Beverage

Waterfront Cafe, Tairua (Coromandel)

Cafe

ActiveFood & BeverageWaikatoB2C
Asking price
$148,000
Disclosed · NZD
Revenue
$540,000
TTM
Earnings
$94,000
Implied multiple
1.6×
asking / earnings

Brief

  • The Old Mill Waterfront Cafe in Tairua, opposite the Tairua Marina with water views
  • Local customers topped up with national and international holidaymakers
  • Inside/outside seating for up to 95, a large private car park and a well-laid-out kitchen
  • Located on a cycle/walk trail with a liquor licence in place; trades on average five days a week
  • One working owner's profits near six figures; affordable rent; stock purchased on top of the price

Cafes in Waikato

All 10
Listed
10
+3 in 30 days
Median asking
$299K
8 priced
Median revenue
$760K
8 disclose
Earnings multiple
2.1×
76 listings
Asking price spread8 of 10 state a price
This listing · $148K
13%
25%
63%
Under $100K$250K–$500K

Auckland 67 · Canterbury 11

General retail businesses 8