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DealProspect/Listings/Retail

Supermarket & Fruit & Veg Shop, Drummoyne

Supermarket

ActiveRetailNew South WalesB2C
Asking price
~$1,200,000
est. from headline + $150,000 stock · AUD
Revenue
$4,028,648
TTM
Net Profit
$454,688
Implied multiple (assumed)
~2.6×
Assumed · headline + $150,000 stock
Brief
  • Family-owned inner-west Sydney supermarket and fruit and veg shop, over 20 years in fresh produce and retail
  • Fresh produce plus continental groceries, dairy, meat and pasta; pre-made dinner packs and frozen products
  • Owner-operated, open 6.5 days a week (closes 2pm Sunday)
  • Team of 3 full-time and 8 casual staff
  • Five-plus-five-year lease with 7 years remaining and CPI increases
  • Owner retiring after 40 years in the industry; scope to expand hours, add online delivery and join a buying group