Cafe / Coffee Shop near Essendon

Cafe / Coffee Shop near Essendon — Food & Beverage · Essendon · Asking $575,000 · Revenue $1,716,000

Cafe and coffee shop in a busy vibrant retail strip in proximity to Essendon Trades 7 days (Mon-Fri 7.30-5.00, Sat-Sun 8-5) 300 sqm fully licensed premises with seating for 80 inside and 40 outside Coffee sales of 30 kilos weekly Secure 20-year lease remaining Operated primarily by staff Established 10 years by the current vendor Opportunity for evening trade; surrounded by new apartment living

DealProspect/Listings/Food & Beverage

Cafe / Coffee Shop near Essendon

Cafe

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$575,000

Disclosed · AUD

Revenue

$1,716,000

TTM

Earnings (est.)

~$330,330

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Cafe and coffee shop in a busy vibrant retail strip in proximity to Essendon
Trades 7 days (Mon-Fri 7.30-5.00, Sat-Sun 8-5)
300 sqm fully licensed premises with seating for 80 inside and 40 outside
Coffee sales of 30 kilos weekly
Secure 20-year lease remaining
Operated primarily by staff
Established 10 years by the current vendor
Opportunity for evening trade; surrounded by new apartment living

More food & beverage businesses for sale

Cafes for sale in Victoria (494) →