Greek Patisserie Cafe, Northern Suburbs Melbourne

Greek Patisserie Cafe, Northern Suburbs Melbourne — Food & Beverage · Victoria · Asking $650,000 · Revenue $1,404,000

Established and owned by the same operator for 17 years Full shop renovation completed Sales approx. 70% cakes, 30% meals, plus approx. 37kg coffee per week Fully under management Seating for 85 inside and 30 outside with a full commercial kitchen Located in a major retail strip in Melbourne's northern suburbs

DealProspect/Listings/Food & Beverage

Greek Patisserie Cafe, Northern Suburbs Melbourne

Bakery

ActiveFood & BeverageB2C

Find funding for this deal →View original listing ↗

Asking price

$650,000

Disclosed · AUD

Revenue

$1,404,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established and owned by the same operator for 17 years
Full shop renovation completed
Sales approx. 70% cakes, 30% meals, plus approx. 37kg coffee per week
Fully under management
Seating for 85 inside and 30 outside with a full commercial kitchen
Located in a major retail strip in Melbourne's northern suburbs

How it compares

Bakeries in Victoria · asking prices

In line with bigger bakeries here

Bigger bakeries here ask a median 0.42× revenue. On its $1,404,000 revenue, that points to about $594,000; reads like this are typically within 30%, so $416,000 to $772,000. It asks $650,000, inside that range.

Asking price: $650,00086% above the median of $349,500
Revenue: $1,404,000median is $1,092,000
Revenue multiple: 0.46×0.36× 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 · $650K

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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