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DealProspect/Listings/Food & Beverage

Sandwich Deli & Espresso Bar, Essendon

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
~$559,470
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$1,500,000
TTM
EBITDA
$300,000
Implied multiple (assumed)
~1.9×
Assumed · comparable listings of this type and size · typically within ±20%
Brief

Well-known Melbourne sandwich deli and espresso bar specialising in freshly made gourmet panini on schiacciata bread, Italian smallgoods, specialty coffee and Italian takeaway. Trading just over two years, it has built a strong following with close to 20,000 Instagram followers and regular queues out the door. Located in a prime Inner North Essendon position on a long secure lease to 2040 with low rent, operating under full management six days a week with scope to expand catering, corporate orders and trading hours.