Bakery / Cafe - Altona Area

Bakery / Cafe - Altona Area — Food & Beverage · Altona, VIC · Asking $350,000 · Revenue $884,000

Long-established bakery/cafe with loyal clientele in the Altona area Current owner for 24 years, having worked as a baker in the business for 5 years prior Adjacent to sporting and industrial areas Large, well-equipped manufacturing space with capacity for higher production Takings reduced due to owner health issues; scope to increase trade

DealProspect/Listings/Food & Beverage

Bakery / Cafe - Altona Area

Bakery

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue

$884,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-established bakery/cafe with loyal clientele in the Altona area
Current owner for 24 years, having worked as a baker in the business for 5 years prior
Adjacent to sporting and industrial areas
Large, well-equipped manufacturing space with capacity for higher production
Takings reduced due to owner health issues; scope to increase trade

How it compares

Bakeries in Victoria · asking prices

56% above smaller bakeries here

Smaller bakeries here ask a median 0.25× revenue. On its $884,000 revenue, that points to about $224,000; reads like this are typically within 30%, so $157,000 to $291,000. It asks $350,000.

Asking price: $350,000about the median of $349,500
Revenue: $884,000median is $1,092,000
Revenue multiple: 0.4×0.36× across the market; 0.42× for bigger ones, 0.25× for smaller
Time listed: 111 daysno price change

Bakeries in Victoria

Bakeries for sale in Victoria (48) →

Listed

+3 in 30 days

Median asking

$350K

42 priced

Median revenue

$1.1M

41 disclose

Earnings multiple

1.3×

313 listings

Price drops

in 30 days

Asking price spread42 of 48 state a price

This listing · $350K

31%

33%

19%

10%

Under $100K$1M–$2.5M

Australia 119 · Queensland 28 · New South Wales 26

Cafes 448 · Takeaways 316 · Restaurants 242 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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