Party Shop, Elsternwick

Party Shop, Elsternwick — Retail · Elsternwick, VIC · Asking $185,000 · Revenue $624,000

One-stop party shop selling gifts, stationery, party decorations, balloons and partyware Open 7 days a week with a steady flow of customers year-round Strong repeat and loyal customer base Easily operated by a single owner Located in the Elsternwick area with high foot traffic and visibility

DealProspect/Listings/Retail

Party Shop, Elsternwick

Gift Shop

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$185,000

Disclosed · AUD

Revenue

$624,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

One-stop party shop selling gifts, stationery, party decorations, balloons and partyware
Open 7 days a week with a steady flow of customers year-round
Strong repeat and loyal customer base
Easily operated by a single owner
Located in the Elsternwick area with high foot traffic and visibility

How it compares

Gift shops in Victoria · asking prices

In line with past gift shops like it

Past gift shops like it ask a median 0.35× revenue. On its $624,000 revenue, that points to about $218,000; reads like this are typically within 30%, so $153,000 to $283,000. It asks $185,000, inside that range.

Asking price: $185,00024% above the median of $149,250
Revenue: $624,000median is $676,000
Time listed: 111 daysno price change

Gift shops in Victoria

Gift shops for sale in Victoria (13) →

Listed

+2 in 30 days

Median asking

$149K

12 priced

Median revenue

$676K

5 disclose

Earnings multiple

2.4×

192 listings

Asking price spread12 of 13 state a price

This listing · $185K

42%

25%

Under $100K$2.5M–$5M

Australia 30

Cafes 441 · Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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