Cafe/Restaurant, Greensborough

Cafe/Restaurant, Greensborough — Food & Beverage · Greensborough · Asking $330,000 · Revenue $1,612,000

Cafe and restaurant trading seven days a week in a spacious shop Reasonable rent and a long lease in place Fully under management Licensed for 93 patrons, suited to a range of cuisines

DealProspect/Listings/Food & Beverage

Cafe/Restaurant, Greensborough

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$330,000

Disclosed · AUD

Revenue

$1,612,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Cafe and restaurant trading seven days a week in a spacious shop
Reasonable rent and a long lease in place
Fully under management
Licensed for 93 patrons, suited to a range of cuisines

How it compares

Cafes in Victoria · asking prices

36% below cafes here

Cafes here ask a median 0.32× revenue. On its $1,612,000 revenue, that points to about $517,000; reads like this are typically within 30%, so $362,000 to $672,000. It asks $330,000.

Asking price: $330,00038% above the median of $239,500
Revenue: $1,612,000median is $803,000
Revenue multiple: 0.2×0.32× across the market; higher than 34 of 307
Time listed: 8 daysrecently listed

Cafes in Victoria

Cafes for sale in Victoria (442) →

Listed

442

+46 in 30 days

Median asking

$240K

378 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread378 of 442 state a price

This listing · $330K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 850 · New South Wales 185 · Queensland 139 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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