Ice Cream Shop, Semi Under-Management

Ice Cream Shop, Semi Under-Management — Food & Beverage · South-Eastern Melbourne · Asking $85,000

Located in a sought-after South-Eastern Melbourne suburb, 12km from CBD Established over 10 years by the current owner Semi under-management with owner working approx. 3.5 hours per day Simple operation model using pre-made products, no ice-cream making on site Well-trained team of casual staff running the store Exceptionally low rent with a secure lease in place Optional mobile ice cream van…

DealProspect/Listings/Food & Beverage

Ice Cream Shop, Semi Under-Management

Ice Cream & Dessert Shop

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$85,000

Disclosed · AUD

Revenue (est.)

~$272,000

Estimated · comparable listings of this type and size

Earnings (est.)

~$62,689

Estimated · comparable listings of this type and size

Typical multiple

~1.4×

comparable listings of this type and size

Brief

Located in a sought-after South-Eastern Melbourne suburb, 12km from CBD
Established over 10 years by the current owner
Semi under-management with owner working approx. 3.5 hours per day
Simple operation model using pre-made products, no ice-cream making on site
Well-trained team of casual staff running the store
Exceptionally low rent with a secure lease in place
Optional mobile ice cream van available for separate purchase

Ice cream and dessert shops in Victoria

All 55 →

Listed

+22 in 30 days

Median asking

$159K

52 priced

Median revenue

$390K

46 disclose

Earnings multiple

1.4×

258 listings

Price drops

in 30 days

Asking price spread52 of 55 state a price

This listing · $85K

33%

54%

10%

Under $100K$500K–$1M

Australia 73 · New South Wales 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

All 55 →