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DealProspect/Listings/Retail

Specialty Grocer, Fruit Shop, Florist & Cafe, Bayside

Greengrocer

ActiveRetailB2C
Asking price
$499,000
Disclosed · AUD
Revenue
$1,800,000+
TTM
Earnings (est.)
~$273,780
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Combined grocery, fruit shop, florist and cafe in one tightly-held retail strip
  • Adjoining cafe trades 6 days a week
  • Additional passive income from an upstairs dwelling lease
  • Premium margins from gourmet produce, deli and hampers
  • Located in an affluent Bayside precinct