Strip Pharmacy, Melbourne Inner West
Pharmacy
ActiveHealthcareB2C
Asking price
$4,500,000
Disclosed · AUD
Revenue
$4,000,000
TTM
Earnings (est.)
~$750,000
Estimated · comparable listings of this type and size · typically within ±40%
Implied multiple (assumed)
~6.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- For sale for the first time in 20 years
- Located in the middle of the main shopping strip with ample parking
- Currently managed by staff, owner works Thursdays and alternate Saturdays
- Strong multicultural catchment area
- Strong gross profit above 34%
- 40 Websters and 10 methadone/suboxone clients
- No nursing homes to deal with
- Current independent valuation available to support finance
- QCPP currently being renewed
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Where this asking price sits against similar businesses for sale.
Pharmacies in Victoria
Pharmacies for sale in Victoria (10) →Listed
10
+1 in 30 days
Median asking
$2.4M
7 priced
Earnings multiple
2.5×
34 listings
Asking price spread7 of 10 state a price
This listing · $4.5M
43%
$250K–$500K$2.5M–$5M
Australia 26 · New South Wales 10
Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67
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