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.)

Implied multiple (assumed)

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

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $4,940,000 revenue, that points to about $1,090,000; reads like this are typically within 30%, so $763,000 to $1,420,000. It asks $995,000, inside that range.

Asking price: $995,0002.0 times the median of $495,000
Revenue: $4,940,000median is $2,370,000
Revenue multiple: 0.2×0.22× across the market; higher than 12 of 34
Time listed: 110 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (45) →

Listed

+2 in 30 days

Median asking

$495K

41 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread41 of 45 state a price

This listing · $995K

12%

17%

24%

27%

15%

Under $100K$2.5M–$5M

Australia 64 · New South Wales 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

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