Cafe Near Templestowe - Liquor Licence

Cafe Near Templestowe - Liquor Licence — Food & Beverage · Templestowe · Asking $249,000 · Revenue $624,000

Established cafe near prime Templestowe, trading 7 days with occasional evening trade 8.5 years under the current owner, who is retiring Liquor licence in place enabling evening service and private functions Around 12 years remaining on the lease Includes a 3-bedroom on-site residence, ample private parking and both indoor and outdoor dining Run by 2 owners plus 4 casual staff

DealProspect/Listings/Food & Beverage

Cafe Near Templestowe - Liquor Licence

Cafe

ActiveFood & BeverageVictoriaB2C

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Asking price

$249,000

Disclosed · AUD

Revenue

$624,000

TTM

Earnings (est.)

Implied multiple (assumed)

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Our estimates of the figures this ad leaves out
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Brief

Established cafe near prime Templestowe, trading 7 days with occasional evening trade
8.5 years under the current owner, who is retiring
Liquor licence in place enabling evening service and private functions
Around 12 years remaining on the lease
Includes a 3-bedroom on-site residence, ample private parking and both indoor and outdoor dining
Run by 2 owners plus 4 casual staff

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 $200,000; reads like this are typically within 30%, so $140,000 to $260,000. It asks $249,000, inside that range.

Asking price: $249,000about the median of $240,000
Revenue: $624,000median is $796,000
Revenue multiple: 0.4×0.32× across the market; higher than 221 of 310
Time listed: 0 daysrecently listed

Cafes in Victoria

Cafes for sale in Victoria (439) →

Listed

439

+47 in 30 days

Median asking

$240K

377 priced

Median revenue

$796K

356 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread377 of 439 state a price

This listing · $249K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 845 · New South Wales 184 · Queensland 140 · South Australia 32 · Western Australia 24

Takeaways 321 · Restaurants 238 · Newsagencies 68 · General retail businesses 67 · Supermarkets 67 · Bars 60

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