Fruit Shop, Grocer & Cafe - Bayside Melbourne
Greengrocer
ActiveRetailVictoriaB2C
Asking price
$399,000
Disclosed · AUD
Revenue
$1,800,000
TTM
Net Profit
$200,000
Implied multiple
2.0×
asking / earnings
Brief
- Combined grocery, fruit shop, florist and cafe in a Bayside Melbourne retail strip
- Trades to an affluent local customer base across Brighton and Sandringham
- Adjoining cafe trades six days a week
- Includes a leased upstairs dwelling providing additional passive income
- Established brand, staff and supplier relationships in place
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Where this asking price sits against similar businesses for sale.
Greengrocers in Victoria
Greengrocers for sale in Victoria (45) →Listed
45
+2 in 30 days
Median asking
$495K
41 priced
Median revenue
$2.4M
38 disclose
Earnings multiple
2.4×
190 listings
Price drops
2
in 30 days
Asking price spread41 of 45 state a price
This listing · $399K
5%
Under $100K$2.5M–$5M
Australia 64 · New South Wales 14
Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67
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