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DealProspect/Listings/Hospitality & Tourism

Cafe and Eatery, South Melbourne Market

Cafe

ActiveHospitality & TourismVictoriaB2C
Asking price
~$728,000
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$2,080,000-$2,340,000
TTM
Earnings (est.)
~$330,488
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Cafe and eatery at South Melbourne Market with a recent fit-out.
  • Seats 60+ patrons with interior and sidewalk seating.
  • Holds a liquor licence and trades market hours four days a week.
  • Operating under full management.
  • Average gross sales of $40,000-$45,000 per week.
  • Scope to add evening dinner service and catering.