Iconic CBD Café & Soup Kitchen

Iconic CBD Café & Soup Kitchen — Food & Beverage · Melbourne · Asking $270,000 + Stock · Revenue $1,326,000

First time on the market in over 20 years Located in a busy CBD tourist precinct laneway with heavy foot traffic Sells coffee, traditional breakfast, soups and more Compact commercial kitchen with a simple menu and operation Secure long lease of 6 years, open 7 days Operates fully under management with a regular, loyal customer base

DealProspect/Listings/Food & Beverage

Iconic CBD Café & Soup Kitchen

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$270,000 + stock

Disclosed · AUD

Revenue

$1,326,000

TTM

Earnings (est.)

~$213,787

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple

n/a

Stock is extra · value not stated

Brief

First time on the market in over 20 years
Located in a busy CBD tourist precinct laneway with heavy foot traffic
Sells coffee, traditional breakfast, soups and more
Compact commercial kitchen with a simple menu and operation
Secure long lease of 6 years, open 7 days
Operates fully under management with a regular, loyal customer base

Cafes in Victoria

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Listed

892

+107 in 30 days

Median asking

$175K

828 priced

Median revenue

$572K

798 disclose

Earnings multiple

1.5×

27 listings

Price drops

in 30 days

Asking price spread828 of 892 state a price

This listing · $270K

26%

39%

25%

Under $100K$2.5M–$5M

Australia 1394 · New South Wales 276 · Queensland 145 · South Australia 30 · Western Australia 30 · Tasmania 8

Restaurants 1024 · Takeaways 934 · Liquor stores 146 · Convenience stores 140 · General retail businesses 129 · Bakeries 126

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