Busy Cafe — Essendon, Melbourne

Busy Cafe — Essendon, Melbourne — Food & Beverage · Essendon · Asking $798,000 · Revenue $1,456,000

Well-performing cafe in a trendy inner north-west Melbourne location with strong foot traffic Trades six days a week with streamlined ordering and low staffing needs Strong weekly coffee sales volume and a loyal local following Comprehensive training and handover offered for a smooth transition

DealProspect/Listings/Food & Beverage

Busy Cafe — Essendon, Melbourne

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$798,000

Disclosed · AUD

Revenue

$1,456,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Well-performing cafe in a trendy inner north-west Melbourne location with strong foot traffic
Trades six days a week with streamlined ordering and low staffing needs
Strong weekly coffee sales volume and a loyal local following
Comprehensive training and handover offered for a smooth transition

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How long it has been for sale

How it compares

Cafes in Victoria · asking prices

69% above cafes here

Cafes here ask a median 0.32× revenue. On its $1,456,000 revenue, that points to about $471,000; reads like this are typically within 30%, so $330,000 to $612,000. It asks $798,000.

Asking price: $798,0003.3 times the median of $240,000
Revenue: $1,456,000median is $803,000
Revenue multiple: 0.55×0.32× across the market; higher than 292 of 308
Time listed: 49 daysno price change

Cafes in Victoria

Cafes for sale in Victoria (437) →

Listed

437

+38 in 30 days

Median asking

$240K

375 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread375 of 437 state a price

This listing · $798K

17%

35%

33%

12%

Under $100K$1M–$2.5M

Australia 844 · New South Wales 182 · Queensland 140 · South Australia 33 · Western Australia 25

Takeaways 313 · Restaurants 237 · Newsagencies 69 · General retail businesses 66 · Supermarkets 66 · Manufacturing businesses 60

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