Popular Cafe - Port Melbourne

Popular Cafe - Port Melbourne — Food & Beverage · Port Melbourne · Asking $249,000

Well-established cafe with a loyal local and business clientele High-quality fit-out with comfortable indoor seating Busy position surrounded by offices and dense residential apartments Currently run under management with a small, efficient team Trades weekday daytimes only, with scope to extend hours and days Consistent and stable trading history

DealProspect/Listings/Food & Beverage

Popular Cafe - Port Melbourne

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$249,000

Disclosed · AUD

Revenue (est.)

~$809,230

Estimated · comparable listings of this type and size

Earnings (est.)

~$173,846

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established cafe with a loyal local and business clientele
High-quality fit-out with comfortable indoor seating
Busy position surrounded by offices and dense residential apartments
Currently run under management with a small, efficient team
Trades weekday daytimes only, with scope to extend hours and days
Consistent and stable trading history

Cafes in Victoria

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Listed

577

+136 in 30 days

Median asking

$189K

470 priced

Median revenue

$676K

460 disclose

Earnings multiple

1.9×

11 listings

Time listed

37d

118 tracked

Price drops

in 30 days

Asking price spread470 of 577 state a price

This listing · $249K

23%

37%

27%

Under $100K$2.5M–$5M

New South Wales 272 · Queensland 259 · South Australia 29 · Western Australia 25

Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 78 · Bakeries 75

Priced like this one

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