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DealProspect/Listings/Food & Beverage

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
436
+41 in 30 days
Median asking
$235K
369 priced
Median revenue
$828K
346 disclose
Earnings multiple
1.5×
8 listings
Price drops
26
in 30 days
Asking price spread369 of 436 state a price
This listing · $550K
17%
36%
33%
12%
2%
Under $100K$1M–$2.5M

Australia 851 · New South Wales 187 · Queensland 142 · South Australia 34 · Western Australia 26 · Tasmania 8

Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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