Milk Bar & Convenience Store, Viewbank

Milk Bar & Convenience Store, Viewbank — Retail · Viewbank, VIC · Asking $350,000

Well-established milk bar/convenience store stocking a varied range of everyday groceries Easy to operate with good systems in place and a secure long lease Rent includes a two-bedroom residence Surrounded by a strong family community with room to grow Full training provided by the current owner

DealProspect/Listings/Retail

Milk Bar & Convenience Store, Viewbank

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue (est.)

~$1,391,097

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$238,533

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~1.5×

comparable listings of this type and size · typically within ±25%

Brief

Well-established milk bar/convenience store stocking a varied range of everyday groceries
Easy to operate with good systems in place and a secure long lease
Rent includes a two-bedroom residence
Surrounded by a strong family community with room to grow
Full training provided by the current owner

Convenience stores in Victoria

Convenience stores for sale in Victoria (28) →

Listed

+4 in 30 days

Median asking

$190K

25 priced

Median revenue

$572K

21 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread25 of 28 state a price

This listing · $350K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 56 · Queensland 14

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

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