Asian Grocery Supermarket, Northern Beaches

Asian Grocery Supermarket, Northern Beaches — Retail · Northern Beaches · Asking $168,000 · Revenue $1,323,636 · Net Profit $234,000

Asian grocery supermarket stocking goods from Hong Kong, Japan, Korea and South East Asia 229 sqm retail area plus storage; modern fit-out Located directly opposite the main entrance of a shopping centre in the Northern Beaches Currently run under full management; profit shown is based on one working owner 7-year lease commenced June 2022 with a 5-year option; 4% annual rent increases Trades 7…

DealProspect/Listings/Retail

Asian Grocery Supermarket, Northern Beaches

Supermarket

ActiveRetailNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,323,636

TTM

Net Profit

$234,000

Implied multiple (assumed)

Brief

Asian grocery supermarket stocking goods from Hong Kong, Japan, Korea and South East Asia
229 sqm retail area plus storage; modern fit-out
Located directly opposite the main entrance of a shopping centre in the Northern Beaches
Currently run under full management; profit shown is based on one working owner
7-year lease commenced June 2022 with a 5-year option; 4% annual rent increases
Trades 7 days a week, 8am to 6:30pm

How it compares

Supermarkets in New South Wales · asking prices

36% below smaller supermarkets here

Smaller supermarkets here ask a median 0.2× revenue. On its $1,323,636 revenue, that points to about $261,000; reads like this are typically within 30%, so $183,000 to $339,000. It asks $168,000.

Asking price: $168,00066% below the median of $498,500
Revenue: $1,323,636median is $2,645,335
Revenue multiple: 0.13×0.24× across the market; 0.24× for bigger ones, 0.2× for smaller
Time listed: 128 daysno price change

Supermarkets in New South Wales

Supermarkets for sale in New South Wales (30) →

Listed

+1 in 30 days

Median asking

$499K

30 priced

Median revenue

$2.6M

26 disclose

Earnings multiple

1.9×

19 listings

Price drops

in 30 days

Asking price spread30 of 30 state a price

This listing · $168K

37%

13%

20%

23%

$100K–$250K$2.5M–$5M

Australia 157 · Victoria 69 · Queensland 33 · Western Australia 10

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44

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