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DealProspect/Listings/Food & Beverage

Ice Cream & Crepe Shop in Hawthorn

Ice Cream & Dessert Shop

ActiveFood & BeverageVictoriaB2C
Asking price
$40,000
Disclosed · AUD
Revenue
$240,000
TTM
Earnings (est.)
~$58,776
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Busy location on Glenferrie Road, Hawthorn with high foot and car traffic
  • All ice creams made on premises
  • Established over 20 years
  • Includes a 2 bedroom dwelling that can be sub-let for $600 weekly plus outgoings
  • Well-equipped business
  • Potential to wholesale ice cream products
  • Limited online presence with room to scale
  • Substantial price reduction; selling below setup cost

Ice cream and dessert shops in Victoria

All 55
Listed
55
+22 in 30 days
Median asking
$159K
52 priced
Median revenue
$390K
46 disclose
Earnings multiple
1.4×
258 listings
Price drops
3
in 30 days
Asking price spread52 of 55 state a price
This listing · $40K
33%
54%
10%
4%
Under $100K$500K–$1M

Australia 73 · New South Wales 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127