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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
67
+4 in 30 days
Median asking
$390K
51 priced
Median revenue
$1.8M
57 disclose
Earnings multiple
2.4×
190 listings
Price drops
5
in 30 days
Asking price spread51 of 67 state a price
This listing · $3.5M
10%
49%
18%
14%
8%
Under $100K$2.5M–$5M

Australia 155 · Queensland 34 · New South Wales 29 · Western Australia 10

Cafes 441 · Takeaways 316 · Restaurants 248 · General retail businesses 71 · Newsagencies 68 · Manufacturing businesses 61

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