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

~$268,000

est. from headline + $100,000 stock · AUD

Revenue

$1,323,636

TTM

Net Profit

$234,000

Implied multiple (assumed)

~1.1×

Assumed · headline + $100,000 stock

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

47% below supermarkets here

Supermarkets here ask a median 0.24× revenue. On its $1,323,636 revenue, that points to about $315,000; reads like this are typically within 30%, so $221,000 to $410,000. It asks $168,000.

Asking price: $168,00072% below the median of $599,000
Revenue: $1,323,636median is $2,690,281
Revenue multiple: 0.13×0.24× across the market; higher than 2 of 25
Time listed: 126 daysno price change

Supermarkets in New South Wales

Supermarkets for sale in New South Wales (29) →

Listed

+1 in 30 days

Median asking

$599K

29 priced

Median revenue

$2.7M

25 disclose

Earnings multiple

2×

18 listings

Price drops

in 30 days

Asking price spread29 of 29 state a price

This listing · $168K

34%

14%

21%

24%

$100K–$250K$2.5M–$5M

Australia 155 · Victoria 67 · Queensland 34 · Western Australia 10

Cafes 187 · Restaurants 114 · Takeaways 114 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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