Gourmet Pie Business – Docklands

Gourmet Pie Business – Docklands — Food & Beverage · Docklands, Melbourne · Asking $550,000 · Revenue $1,300,000 · Net Profit $400,000

A gourmet pie business operating from a fully equipped commercial kitchen in a Docklands office precinct, trading five days a week plus weekend farmers markets, built on locally sourced ingredients and repeat retail and wholesale custom.

DealProspect/Listings/Food & Beverage

Gourmet Pie Business – Docklands

Bakery

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$1,300,000

TTM

Net Profit

$400,000

Implied multiple

1.4×

asking / earnings

Brief

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How the asking price compares, with comparable businesses
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How long it has been for sale

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 $1,300,000 revenue, that points to about $550,000; reads like this are typically within 30%, so $385,000 to $715,000. It asks $550,000, inside that range.

Asking price: $550,00047% above the median of $374,000
Revenue: $1,300,000median is $1,096,000
Revenue multiple: 0.42×0.37× across the market; 0.42× for bigger ones, 0.28× for smaller
Time listed: 50 daysno price change

Bakeries in Victoria

Bakeries for sale in Victoria (46) →

Listed

+2 in 30 days

Median asking

$374K

40 priced

Median revenue

$1.1M

40 disclose

Earnings multiple

1.3×

305 listings

Price drops

in 30 days

Asking price spread40 of 46 state a price

This listing · $550K

30%

35%

20%

10%

Under $100K$1M–$2.5M

Australia 110 · Queensland 26 · New South Wales 23

Cafes 437 · Takeaways 313 · Restaurants 237 · Newsagencies 69 · General retail businesses 66 · Supermarkets 66

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