Cafe, Mentone

Cafe, Mentone — Food & Beverage · Mentone, Melbourne · Asking $339,000 · Revenue $1,040,000

Long-standing cafe in a high-traffic Mentone shopping strip Operates 6 days a week with lifestyle-friendly morning trading hours Low rent relative to turnover Secure 9-year lease in place Seating for 55 patrons indoors and outdoors Scope to extend hours, expand the menu or add catering

DealProspect/Listings/Food & Beverage

Cafe, Mentone

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$339,000

Disclosed · AUD

Revenue

$1,040,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-standing cafe in a high-traffic Mentone shopping strip
Operates 6 days a week with lifestyle-friendly morning trading hours
Low rent relative to turnover
Secure 9-year lease in place
Seating for 55 patrons indoors and outdoors
Scope to extend hours, expand the menu or add catering

How it compares

Cafes in Victoria · asking prices

In line with cafes here

Cafes here ask a median 0.32× revenue. On its $1,040,000 revenue, that points to about $333,000; reads like this are typically within 30%, so $233,000 to $433,000. It asks $339,000, inside that range.

Asking price: $339,00042% above the median of $239,500
Revenue: $1,040,000median is $803,000
Revenue multiple: 0.33×0.32× across the market; higher than 157 of 307
Time listed: 112 daysprice cut 22%, from $435,000

Cafes in Victoria

Cafes for sale in Victoria (442) →

Listed

442

+46 in 30 days

Median asking

$240K

378 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread378 of 442 state a price

This listing · $339K

17%

36%

33%

12%

Under $100K$1M–$2.5M

Australia 850 · New South Wales 185 · Queensland 139 · South Australia 33 · Western Australia 25 · Tasmania 8

Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67 · Bars 60

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