Standalone Butcher, Gladstone Park VIC

Standalone Butcher, Gladstone Park VIC — Retail · Gladstone Park · Asking $575,000 · Revenue $3,900,000

Family-owned standalone butcher trading for 35 years in Gladstone Park Private carpark, long lease in place About a quarter of sales are wholesale High gross margins reported

DealProspect/Listings/Retail

Standalone Butcher, Gladstone Park VIC

Butchery

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$575,000

Disclosed · AUD

Revenue

$3,900,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Family-owned standalone butcher trading for 35 years in Gladstone Park
Private carpark, long lease in place
About a quarter of sales are wholesale
High gross margins reported

How it compares

Butcher shops in Victoria · asking prices

In line with butcher shops here

Butcher shops here ask a median 0.19× revenue. On its $3,900,000 revenue, that points to about $746,000; reads like this are typically within 30%, so $522,000 to $970,000. It asks $575,000, inside that range.

Asking price: $575,0002.9 times the median of $199,000
Revenue: $3,900,0002nd biggest of 22
Revenue multiple: 0.15×0.19× across the market; higher than 4 of 20
Time listed: 115 daysprice cut 8%, from $625,000

Butcher shops in Victoria

Butcher shops for sale in Victoria (27) →

Listed

+2 in 30 days

Median asking

$199K

25 priced

Median revenue

$1.4M

22 disclose

Earnings multiple

2.4×

192 listings

Price drops

in 30 days

Asking price spread25 of 27 state a price

This listing · $575K

48%

24%

16%

Under $100K$1M–$2.5M

Australia 48 · Queensland 9

Cafes 441 · Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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