Asian Grocery Store, Blackburn, Victoria

Asian Grocery Store, Blackburn, Victoria — Retail · Blackburn · Asking $120,000 · Revenue $800,000

Asian grocery store in Blackburn with a large coolroom and upfront freezer storage Reports strong profitability in a good trading area with growth potential Could be converted to a fruit and vegetable store Located in a well-established retail area

DealProspect/Listings/Retail

Asian Grocery Store, Blackburn, Victoria

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$120,000

Disclosed · AUD

Revenue

$800,000

TTM

Earnings (est.)

~$108,880

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Asian grocery store in Blackburn with a large coolroom and upfront freezer storage
Reports strong profitability in a good trading area with growth potential
Could be converted to a fruit and vegetable store
Located in a well-established retail area

How it compares

Supermarkets in Victoria · asking prices

44% below supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $800,000 revenue, that points to about $216,000; reads like this are typically within 30%, so $151,000 to $281,000. It asks $120,000.

Asking price: $120,00073% below the median of $450,000
Revenue: $800,000median is $2,000,000
Revenue multiple: 0.15×0.27× across the market; higher than 1 of 44
Time listed: 114 daysprice cut 36%, from $188,000

Supermarkets in Victoria

Supermarkets for sale in Victoria (69) →

Listed

+5 in 30 days

Median asking

$450K

53 priced

Median revenue

$2M

59 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $120K

47%

21%

13%

Under $100K$2.5M–$5M

Australia 157 · Queensland 33 · New South Wales 30 · Western Australia 10

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Newsagencies 67 · Manufacturing businesses 61

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