Licensed Cafe & Function Venue, Central Coast

Licensed Cafe & Function Venue, Central Coast — Food & Beverage · Terrigal · Asking $360,000 plus SAV · Revenue $1,000,000 · Net Profit $380,000

Licensed cafe, restaurant, and function venue near Terrigal with garden views Seats approximately 80, including alfresco dining Fully licensed for wine, beer, and spirits Trades 7am to 3pm, 7 days a week for breakfast, lunch, and morning/afternoon tea Hosts trade, corporate, medical, and wedding functions Established for 15 years; current owner-operated for 7 years

DealProspect/Listings/Food & Beverage

Licensed Cafe & Function Venue, Central Coast

Restaurant

ActiveFood & BeverageNew South WalesB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,000,000

TTM

Net Profit

$380,000

Implied multiple (assumed)

Brief

Licensed cafe, restaurant, and function venue near Terrigal with garden views
Seats approximately 80, including alfresco dining
Fully licensed for wine, beer, and spirits
Trades 7am to 3pm, 7 days a week for breakfast, lunch, and morning/afternoon tea
Hosts trade, corporate, medical, and wedding functions
Established for 15 years; current owner-operated for 7 years

How it compares

Restaurants in New South Wales · asking prices

57% above restaurants here

Restaurants here ask a median 0.23× revenue. On its $1,000,000 revenue, that points to about $230,000; reads like this are typically within 30%, so $161,000 to $299,000. It asks $360,000.

Asking price: $360,00033% above the median of $270,000
Revenue: $1,000,000median is $1,075,318
Revenue multiple: 0.36×0.23× across the market; higher than 64 of 79
Time listed: 129 daysno price change

Restaurants in New South Wales

Restaurants for sale in New South Wales (111) →

Listed

111

+14 in 30 days

Median asking

$270K

106 priced

Median revenue

$1.1M

80 disclose

Earnings multiple

0.8×

63 listings

Price drops

in 30 days

Asking price spread106 of 111 state a price

This listing · $360K

18%

29%

35%

14%

Under $100K$1M–$2.5M

Australia 494 · Victoria 242 · Queensland 75 · South Australia 25 · Western Australia 23

Cafes 185 · Takeaways 115 · Childcare centres 86 · Manufacturing businesses 46 · Wholesale and distribution businesses 44 · General retail businesses 42

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