Iconic Cafe - South East Melbourne

Iconic Cafe - South East Melbourne — Food & Beverage · Melbourne · Asking $2,495,000 · Revenue $4,160,000

A long-established, iconic cafe in a highly sought-after pocket of south-east Melbourne, with strong weekly turnover and consistent coffee sales across a well-presented, multi-area fit-out seating 150 patrons indoors and outdoors. The business holds a liquor licence, a long lease and an experienced, stable team, with a large engaged social media following and scope for further growth through…

DealProspect/Listings/Food & Beverage

Iconic Cafe - South East Melbourne

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$2,495,000

Disclosed · AUD

Revenue

$4,160,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

How it compares

Cafes in Victoria · asking prices

85% above cafes here

Cafes here ask a median 0.32× revenue. On its $4,160,000 revenue, that points to about $1,350,000; reads like this are typically within 30%, so $945,000 to $1,760,000. It asks $2,495,000.

Asking price: $2,495,00010.5 times the median of $238,500
Revenue: $4,160,000median is $828,000
Revenue multiple: 0.6×0.32× across the market; higher than 295 of 302
Time listed: 111 daysprice cut 11%, from $2,799,000

Cafes in Victoria

Cafes for sale in Victoria (441) →

Listed

441

+43 in 30 days

Median asking

$239K

374 priced

Median revenue

$828K

350 disclose

Earnings multiple

1.5×

8 listings

Price drops

in 30 days

Asking price spread374 of 441 state a price

This listing · $2.5M

17%

36%

33%

12%

Under $100K$1M–$2.5M

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

Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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