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Sandwich Deli & Espresso Bar, Essendon

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
$550,000 + stock
Disclosed · AUD
Revenue
$1,500,000
TTM
Net Profit
$300,000
Implied multiple
n/a
Stock is extra · value not stated

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.

Listed
441
+43 in 30 days
Median asking
$239K
374 priced
Median revenue
$828K
350 disclose
Earnings multiple
1.5×
8 listings
Price drops
26
in 30 days
Asking price spread374 of 441 state a price
This listing · $550K
17%
36%
33%
12%
3%
Under $100K$1M–$2.5M

Australia 853 · New South Wales 186 · Queensland 141 · South Australia 34 · Western Australia 25 · Tasmania 8

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