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Cafe and Eatery, South Melbourne Market

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
Revenue
$2,210,000
TTM
Earnings (est.)
Implied multiple (assumed)

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.
Listed
442
+46 in 30 days
Median asking
$240K
378 priced
Median revenue
$803K
354 disclose
Earnings multiple
1.5×
9 listings
Price drops
26
in 30 days
Asking price spread378 of 442 state a price
17%
36%
33%
12%
3%
Under $100K$1M–$2.5M

Australia 850 · New South Wales 185 · Queensland 139 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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