Fruit Shop, Grocer & Cafe - Bayside Melbourne

Fruit Shop, Grocer & Cafe - Bayside Melbourne — Retail · Brighton, VIC · Asking $399,000 · Revenue $1,800,000 · Net Profit $200,000

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

DealProspect/Listings/Retail

Fruit Shop, Grocer & Cafe - Bayside Melbourne

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

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

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $1,800,000 revenue, that points to about $399,000; reads like this are typically within 30%, so $279,000 to $519,000. It asks $399,000, inside that range.

Asking price: $399,00019% below the median of $495,000
Revenue: $1,800,000median is $2,340,000
Revenue multiple: 0.22×0.22× across the market; higher than 17 of 35
Time listed: 109 daysprice cut 20%, from $499,000

Greengrocers in Victoria

Greengrocers for sale in Victoria (46) →

Listed

+2 in 30 days

Median asking

$495K

42 priced

Median revenue

$2.3M

39 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread42 of 46 state a price

This listing · $399K

12%

17%

24%

29%

14%

Under $100K$2.5M–$5M

Australia 65 · New South Wales 14

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

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