City Fringe Fruit and Vegetable Store

City Fringe Fruit and Vegetable Store — Retail · Victoria · Asking $995,000 · Revenue $4,940,000

Modern, upmarket store close to the beach, only 3 years established and still growing Semi under management with significant space to expand Long, secure 18-year lease High profit margin with potential to add wholesale trade

DealProspect/Listings/Retail

City Fringe Fruit and Vegetable Store

Greengrocer

ActiveRetailB2C

Find funding for this deal →View original listing ↗

Asking price

$995,000

Disclosed · AUD

Revenue

$4,940,000

TTM

Earnings (est.)

~$557,232

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Modern, upmarket store close to the beach, only 3 years established and still growing
Semi under management with significant space to expand
Long, secure 18-year lease
High profit margin with potential to add wholesale trade

Greengrocers in Victoria

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Listed

+1 in 30 days

Median asking

$488K

47 priced

Median revenue

$2.3M

46 disclose

Earnings multiple

2.4×

137 listings

Asking price spread47 of 56 state a price

This listing · $995K

17%

19%

23%

21%

15%

Under $100K$2.5M–$5M

Australia 78 · New South Wales 13

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 78

Priced like this one

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