Upmarket Cafe, North Melbourne

Upmarket Cafe, North Melbourne — Food & Beverage · North Melbourne, Melbourne · Asking Expressions of Interest · Revenue $1,600,000

Established neighbourhood cafe near the Melbourne General Hospital precinct Warehouse-style fitout with around 60 indoor seats plus outdoor parklet seating for 20+ Serves breakfast and lunch with premium coffee; dinner service not yet explored Owner is absentee, with scope for delivery, liquor licensing and private events

DealProspect/Listings/Food & Beverage

Upmarket Cafe, North Melbourne

Cafe

ActiveFood & BeverageVictoriaB2C

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Asking price

Revenue

$1,600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established neighbourhood cafe near the Melbourne General Hospital precinct
Warehouse-style fitout with around 60 indoor seats plus outdoor parklet seating for 20+
Serves breakfast and lunch with premium coffee; dinner service not yet explored
Owner is absentee, with scope for delivery, liquor licensing and private events

Cafes in Victoria

Cafes for sale in Victoria (442) →

Listed

442

+46 in 30 days

Median asking

$240K

378 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread378 of 442 state a price

17%

36%

33%

12%

Under $100K$1M–$2.5M

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