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Freehold Supermarket & Bottle Shop, South East Melbourne

Supermarket

ActiveRetailVictoriaB2C
Asking price
$3,500,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

Brief

  • Freehold going concern comprising a licensed Bottle-O and supermarket on two titles totalling 567 sqm of Commercial 1 zoned land
  • Located 31km from Melbourne CBD within a busy retail precinct
  • Supermarket features four grocery aisles, an 11-door freezer section, and an 8-door dairy cool room
  • Separate liquor department with 18 display doors and a walk-in cool room
  • Building has had a full roof replacement within the past eight years and recent solar panel installation
  • Large rear storage area with pallet racking; convenient street parking
  • Spacious two-bedroom residence on the second level with kitchen, living area, and bathroom
  • Potential for third-storey expansion (subject to approval)
Listed
69
+5 in 30 days
Median asking
$450K
53 priced
Median revenue
$2M
59 disclose
Earnings multiple
2.4×
189 listings
Price drops
6
in 30 days
Asking price spread53 of 69 state a price
This listing · $3.5M
47%
21%
13%
8%
Under $100K$2.5M–$5M

Australia 156 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 442 · Takeaways 314 · Restaurants 238 · General retail businesses 67 · Newsagencies 67 · Bars 60

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