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DealProspect/Listings/Food & Beverage

Hi-Q Ice Cream & Bubble Tea Cafe – Wodonga

Ice Cream & Dessert Shop

ActiveFood & BeverageVictoriaB2C
Asking price
$55,000
Disclosed · AUD
Revenue (est.)
~$155,280
Estimated · comparable listings of this type and size
Earnings (est.)
~$40,856
Estimated · comparable listings of this type and size
Typical multiple
~1.3×
comparable listings of this type and size

Brief

Walk-in-walk-out bubble tea and ice cream café in Wodonga, the only stockist of Bubble Tea in the area, with exclusive supply agreements including Topolino Gelato, Ramune soft drinks, Yukimi Mochi Ice Cream and Hello Kitty snacks. The venue has approved outdoor seating in the high-traffic Mann Central shopping centre and operates under a 7-year lease from 2023. Bubble tea makes up the majority of sales, with 50% repeat customers and 8–10% new customer growth per month, plus DoorDash and Uber Eats delivery integration.

Ice cream and dessert shops in Victoria

All 55
Listed
55
+22 in 30 days
Median asking
$159K
52 priced
Median revenue
$390K
46 disclose
Earnings multiple
1.4×
258 listings
Price drops
3
in 30 days
Asking price spread52 of 55 state a price
This listing · $55K
33%
54%
10%
4%
Under $100K$500K–$1M

Australia 73 · New South Wales 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127