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Established Cafe, Northcote

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
Revenue
$1,200,000
TTM
Net Profit
$200,000
Implied multiple (assumed)

Brief

  • Well-established cafe serving the local community for over 20 years
  • Specialises in artisan coffee and brunch fare made with seasonal produce
  • Ranked No. 1 in the area on TripAdvisor
  • Seating for 60+ indoors and 20+ outdoors in a double-fronted shop with high foot traffic
  • Secure lease with 10+ years remaining
  • Team of 14 staff including a day manager and service staff
  • Open 7 days a week, with scope to extend into dinner and evening drink service
  • Owner retiring after 20 years, offering full training for a smooth transition
Listed
438
+45 in 30 days
Median asking
$240K
376 priced
Median revenue
$806K
353 disclose
Earnings multiple
1.5×
8 listings
Price drops
26
in 30 days
Asking price spread376 of 438 state a price
16%
36%
34%
12%
3%
Under $100K$1M–$2.5M

Australia 844 · New South Wales 185 · Queensland 140 · South Australia 32 · Western Australia 24

Takeaways 314 · Restaurants 237 · General retail businesses 68 · Newsagencies 67 · Supermarkets 67 · Bars 60

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