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DealProspect/Listings/Retail

Managed Supermarket, Northern Melbourne

Supermarket

ActiveRetailB2C
Asking price
$798,000
Disclosed · AUD
Revenue
$2,496,000
TTM
Earnings (est.)
~$284,544
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-established supermarket in a busy shopping strip in northern Melbourne, 15km from the CBD
  • Fully under management
  • Spacious 545 sqm premises equipped with truck, forklift, juice machine and solar panels
  • No tobacco and no liquor sales
  • Gross margin of 32%
  • Long 14-year lease with reasonable rent and low overheads
  • Short trading hours and good storage facility
  • Prime position alongside key retailers including a medical centre