North-East Melbourne IGA Supermarket

North-East Melbourne IGA Supermarket — Retail · Victoria · Asking $300,000 · Revenue $1,716,000

Trades 7 days from a 600 sqm store under the IGA banner Same owner for 12 years High-traffic, prime location with high gross margin Semi under management; car parking available

DealProspect/Listings/Retail

North-East Melbourne IGA Supermarket

Supermarket

ActiveRetailB2C

Find funding for this deal →View original listing ↗

Asking price

$300,000

Disclosed · AUD

Revenue

$1,716,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Trades 7 days from a 600 sqm store under the IGA banner
Same owner for 12 years
High-traffic, prime location with high gross margin
Semi under management; car parking available

How it compares

Supermarkets in Victoria · asking prices

35% below supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $1,716,000 revenue, that points to about $463,000; reads like this are typically within 30%, so $324,000 to $602,000. It asks $300,000.

Asking price: $300,00033% below the median of $450,000
Revenue: $1,716,000median is $2,000,000
Revenue multiple: 0.17×0.27× across the market; higher than 7 of 44
Time listed: 110 daysno price change

Supermarkets in Victoria

Supermarkets for sale in Victoria (69) →

Listed

+5 in 30 days

Median asking

$450K

53 priced

Median revenue

$2M

59 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $300K

47%

21%

13%

Under $100K$2.5M–$5M

Australia 157 · Queensland 33 · New South Wales 30 · Western Australia 10

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Newsagencies 67 · Manufacturing businesses 61

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