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DealProspect/Listings/Retail

Freehold Convenience Store (Liquor, Takeaway & Supermarket), Gippsland VIC

Convenience Store

ActiveRetailVictoriaB2C
Asking price
~$1,200,000
est. from 1× revenue · AUD
Revenue
$1,200,000
TTM
Earnings (est.)
~$173,280
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Price includes the property

Brief

  • Freehold property combined with a bustling one-stop-shop business in Victoria's Gippsland region
  • Combines liquor, takeaway and supermarket operations on a 728 sqm corner allotment
  • Fully refurbished with cool rooms, freezers, shelving and quality equipment
  • Strong existing customer base and excellent visibility; suited to an owner-operator or investor

Convenience stores in Victoria

All 140
Listed
140
+20 in 30 days
Median asking
$168K
138 priced
Median revenue
$624K
132 disclose
Earnings multiple
2.4×
197 listings
Price drops
1
in 30 days
Asking price spread138 of 140 state a price
30%
39%
22%
3%
Under $100K$1M–$2.5M

Australia 162 · Queensland 12

Restaurants 1021 · Takeaways 936 · Cafes 893 · Liquor stores 145 · General retail businesses 129 · Bakeries 127