Elster Cafe, Elsternwick

Elster Cafe, Elsternwick — Food & Beverage · Elsternwick · Asking $450,000 · Revenue $1,536,444

Established cafe in a Tudor-revival building on Glen Eira Road, Elsternwick Recently renovated fit-out with brunch menu and all-day dining Fully managed with an experienced team in place Liquor licence for 112 patrons until 1am, seven days Also used for private functions and events, up to 100 guests

DealProspect/Listings/Food & Beverage

Elster Cafe, Elsternwick

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$450,000

Disclosed · plus stock · AUD

Revenue

$1,536,444

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

Established cafe in a Tudor-revival building on Glen Eira Road, Elsternwick
Recently renovated fit-out with brunch menu and all-day dining
Fully managed with an experienced team in place
Liquor licence for 112 patrons until 1am, seven days
Also used for private functions and events, up to 100 guests

Cafes in Victoria

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Listed

448

+49 in 30 days

Median asking

$237K

382 priced

Median revenue

$803K

354 disclose

Earnings multiple

1.5×

9 listings

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Asking price spread382 of 448 state a price

This listing · $450K

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Under $100K$1M–$2.5M

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