Bottle Shop - Elsternwick, Melbourne

Bottle Shop - Elsternwick, Melbourne — Retail · Elsternwick, Melbourne · Asking $79,000 · Revenue $572,000

Established liquor store on a residential street in an affluent South-Eastern Melbourne suburb Well-presented store with good facilities and simple, easy-to-run systems Secure lease in place with easy customer parking Suited to a first-time operator, with full training and transition support provided

DealProspect/Listings/Retail

Bottle Shop - Elsternwick, Melbourne

Liquor Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$79,000

Disclosed · AUD

Revenue

$572,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established liquor store on a residential street in an affluent South-Eastern Melbourne suburb
Well-presented store with good facilities and simple, easy-to-run systems
Secure lease in place with easy customer parking
Suited to a first-time operator, with full training and transition support provided

How it compares

Liquor stores in Victoria · asking prices

64% below smaller liquor stores here

Smaller liquor stores here ask a median 0.38× revenue. On its $572,000 revenue, that points to about $220,000; reads like this are typically within 30%, so $154,000 to $286,000. It asks $79,000.

Asking price: $79,00076% below the median of $325,000
Revenue: $572,000median is $936,000
Revenue multiple: 0.14×0.34× across the market; 0.33× for bigger ones, 0.38× for smaller
Time listed: 110 daysprice cut 20%, from $99,000

Liquor stores in Victoria

Liquor stores for sale in Victoria (52) →

Listed

+3 in 30 days

Median asking

$325K

47 priced

Median revenue

$936K

46 disclose

Earnings multiple

2.4×

192 listings

Price drops

in 30 days

Asking price spread47 of 52 state a price

This listing · $79K

28%

51%

15%

Under $100K$1M–$2.5M

Australia 76 · New South Wales 15

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

Get new liquor stores in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Liquor stores for sale in Victoria (52) →