Pillar of Salt Cafe, Richmond

Pillar of Salt Cafe, Richmond — Food & Beverage · Richmond, Melbourne · Asking $500,000 · Revenue $1,560,000 · Net Profit $260,000

Well-known Richmond cafe destination with a loyal following Semi-managed with minimal vendor involvement Strong coffee trade at around 40kg per week Stylish fit-out including a retractable-awning rear courtyard Long-term lease to May 2035 on a prominent corner position

DealProspect/Listings/Food & Beverage

Pillar of Salt Cafe, Richmond

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$500,000

Disclosed · plus stock · AUD

Revenue

$1,560,000

TTM

Net Profit

$260,000

Implied multiple

n/a

Stock is extra · value not stated

Brief

Well-known Richmond cafe destination with a loyal following
Semi-managed with minimal vendor involvement
Strong coffee trade at around 40kg per week
Stylish fit-out including a retractable-awning rear courtyard
Long-term lease to May 2035 on a prominent corner position

Cafes in Victoria

Cafes for sale in Victoria (432) →

Listed

432

+37 in 30 days

Median asking

$232K

364 priced

Median revenue

$806K

347 disclose

Earnings multiple

1.5×

9 listings

Price drops

in 30 days

Asking price spread364 of 432 state a price

This listing · $500K

16%

37%

32%

11%

Under $100K$2.5M–$5M

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