In the middle of due diligence for a cafe trading 7 days. Net profit a steady 75 k to 85 k a year fully staffed. Both accountant and lawyer have stated that cafes in Sydney sell for two years net profit if open five days. One and a half if open six and one years net profit if open seven. The lawyer , in particular is adamant that this is the price range. He is a cafe specialist with over 15 years in the field. I feel this is very cheap. Current owner is asking for 350k . I paid 2.5 net profit for a bar on last purchase and considered that a bargain. This is the first cafe I have ever looked at so was wondering what people considered a fair price in sydney. Also happy to pass on what I have already learnt to anyone treading a similar path.