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.)

~$108,767

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

48% below smaller supermarkets here

Smaller supermarkets here ask a median 0.29× revenue. On its $800,000 revenue, that points to about $231,000; reads like this are typically within 30%, so $162,000 to $300,000. It asks $120,000.

Asking price: $120,00069% below the median of $390,000
Revenue: $800,000median is $1,820,000
Revenue multiple: 0.15×0.27× across the market; 0.25× for bigger ones, 0.29× for smaller
Time listed: 114 daysprice cut 36%, from $188,000

Supermarkets in Victoria

Supermarkets for sale in Victoria (67) →

Listed

+4 in 30 days

Median asking

$390K

51 priced

Median revenue

$1.8M

57 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread51 of 67 state a price

This listing · $120K

10%

49%

18%

14%

Under $100K$2.5M–$5M

Australia 154 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Manufacturing businesses 61

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