Profitable Greengrocer in Melbourne's Eastern Suburbs

Profitable Greengrocer in Melbourne's Eastern Suburbs — Retail · Vermont South · Asking $150,000 · Revenue $1,670,000

Greengrocer in a busy shopping centre in Melbourne's eastern suburbs Loyal customer base since inception in January 2020 Operates six days a week Busy local shopping centre location with high visibility and consistent foot traffic Secured long-term lease Equipped with refrigerators, freezers, a truck and a forklift Owned and operated by a husband-and-wife team Requires only one full-time and two…

DealProspect/Listings/Retail

Profitable Greengrocer in Melbourne's Eastern Suburbs

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue

$1,670,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Greengrocer in a busy shopping centre in Melbourne's eastern suburbs
Loyal customer base since inception in January 2020
Operates six days a week
Busy local shopping centre location with high visibility and consistent foot traffic
Secured long-term lease
Equipped with refrigerators, freezers, a truck and a forklift
Owned and operated by a husband-and-wife team
Requires only one full-time and two part-time staff members

How it compares

Greengrocers in Victoria · asking prices

59% below greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $1,670,000 revenue, that points to about $370,000; reads like this are typically within 30%, so $259,000 to $481,000. It asks $150,000.

Asking price: $150,00070% below the median of $495,000
Revenue: $1,670,000median is $2,370,000
Revenue multiple: 0.09×0.22× across the market; higher than 1 of 34
Time listed: 128 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (45) →

Listed

+2 in 30 days

Median asking

$495K

41 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread41 of 45 state a price

This listing · $150K

12%

17%

24%

27%

15%

Under $100K$2.5M–$5M

Australia 64 · New South Wales 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

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