Milk Bar & Convenience Store, Mill Park

Milk Bar & Convenience Store, Mill Park — Retail · Mill Park · Asking $238,000 · Revenue $806,000

Long-established milk bar and convenience store in the Mill Park residential area Close to schools with no competition in the area Trading 7 days Includes a 3-bedroom house at the rear of the shop Low overheads operation, well set up and equipped Owner selling after 10 years; operated by 1 owner plus part-time help

DealProspect/Listings/Retail

Milk Bar & Convenience Store, Mill Park

Bar

ActiveRetailVictoriaB2C

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Asking price

$238,000

Disclosed · AUD

Revenue

$806,000

TTM

Earnings (est.)

~$201,500

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established milk bar and convenience store in the Mill Park residential area
Close to schools with no competition in the area
Trading 7 days
Includes a 3-bedroom house at the rear of the shop
Low overheads operation, well set up and equipped
Owner selling after 10 years; operated by 1 owner plus part-time help

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