Popular Local Cafe - Bendigo CBD

Popular Local Cafe - Bendigo CBD — Food & Beverage · Bendigo · Asking $229,000 · Revenue $1,040,000 · SDE $110,000

Popular CBD Bendigo cafe operating since 2010, coffee roasted in-house Takings of approximately $20,000 per week with strong margins (COGS around 32%) Sells approximately 110kg of coffee weekly Up to five years remaining on the lease with additional options available 180sqm triple-fronted CBD premises with seating for 85 Trading six days per week with room for a fresh marketing push

DealProspect/Listings/Food & Beverage

Popular Local Cafe - Bendigo CBD

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$229,000

Disclosed · AUD

Revenue

$1,040,000

TTM

Earnings

$110,000

Implied multiple

2.1×

asking / earnings

Brief

Popular CBD Bendigo cafe operating since 2010, coffee roasted in-house
Takings of approximately $20,000 per week with strong margins (COGS around 32%)
Sells approximately 110kg of coffee weekly
Up to five years remaining on the lease with additional options available
180sqm triple-fronted CBD premises with seating for 85
Trading six days per week with room for a fresh marketing push

How it compares

Cafes in Victoria · asking prices

31% below cafes here

Cafes here ask a median 0.32× revenue. On its $1,040,000 revenue, that points to about $333,000; reads like this are typically within 30%, so $233,000 to $433,000. It asks $229,000.

Asking price: $229,000about the median of $240,000
Revenue: $1,040,000median is $806,000
Revenue multiple: 0.22×0.32× across the market; higher than 38 of 307
Time listed: 130 daysprice cut 18%, from $279,000

Cafes in Victoria

Cafes for sale in Victoria (438) →

Listed

438

+45 in 30 days

Median asking

$240K

376 priced

Median revenue

$806K

353 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread376 of 438 state a price

This listing · $229K

16%

36%

34%

12%

Under $100K$1M–$2.5M

Australia 844 · New South Wales 185 · Queensland 140 · South Australia 32 · Western Australia 24

Takeaways 314 · Restaurants 237 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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