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DealProspect/Listings/Retail

Pan's Asian Groceries

Supermarket

ActiveRetailQueenslandB2C
Asking price
$300,000
Disclosed · AUD
Revenue (est.)
~$1,351,960
Estimated · comparable listings of this type and size · typically within ±25%
Earnings (est.)
~$179,684
Estimated · comparable listings of this type and size · typically within ±30%
Typical multiple
~1.7×
comparable listings of this type and size · typically within ±30%

Brief

  • Asian supermarket on busy Mulgrave Road connecting Cairns' southern suburbs to the CBD
  • Operating for 19 years under the same owner since 2007
  • Wide product range across 8 major Asian cuisines plus kitchenware
  • Loyal, diverse and repeat customer base
  • Affordable rent supporting solid margins
  • Potential to grow through digital marketing, a website and delivery services
Listed
33
+4 in 30 days
Median asking
$795K
33 priced
Median revenue
$3.1M
27 disclose
Earnings multiple
2.4×
189 listings
Price drops
2
in 30 days
Asking price spread33 of 33 state a price
This listing · $300K
15%
15%
36%
27%
6%
$100K–$250K$2.5M–$5M

Australia 154 · Victoria 67 · New South Wales 29 · Western Australia 10

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