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

32% below cafes here

Cafes here ask a median 0.32× revenue. On its $1,040,000 revenue, that points to about $335,000; reads like this are typically within 30%, so $234,000 to $436,000. It asks $229,000.

Asking price: $229,000about the median of $235,000
Revenue: $1,040,000median is $828,000
Revenue multiple: 0.22×0.32× across the market; higher than 36 of 298
Time listed: 128 daysprice cut 18%, from $279,000

Cafes in Victoria

Cafes for sale in Victoria (436) →

Listed

436

+39 in 30 days

Median asking

$235K

369 priced

Median revenue

$828K

346 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread369 of 436 state a price

This listing · $229K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 851 · New South Wales 187 · Queensland 142 · South Australia 34 · Western Australia 26 · Tasmania 8

Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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