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Merino Cafe & Freehold, Gunning

Cafe

ActiveFood & BeverageNew South WalesB2C
Asking price
$1,025,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

Brief

  • 18-year established cafe sold together with the freehold building and a renovated 2-bedroom apartment above
  • 765 sqm block in Gunning, NSW, about 45 minutes from Canberra
  • Trades Wednesday to Saturday, 6am-4pm
  • Simple menu: coffee, cakes, sandwiches; not chef-dependent
  • Apartment currently run as an Airbnb, adding an additional income stream
Listed
187
+20 in 30 days
Median asking
$200K
181 priced
Median revenue
$718K
116 disclose
Earnings multiple
1.3×
69 listings
Price drops
21
in 30 days
Asking price spread181 of 187 state a price
This listing · $1M
22%
36%
30%
3%
1%
Under $100K$2.5M–$5M

Australia 851 · Victoria 436 · Queensland 142 · South Australia 34 · Western Australia 26 · Tasmania 8

Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45 · General retail businesses 42

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