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.)

~$185,898

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

Implied multiple (assumed)

~1.6×

Assumed · asking ÷ estimated earnings (as advertised)

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

In line with bigger supermarkets here

Bigger supermarkets here ask a median 0.25× revenue. On its $1,716,000 revenue, that points to about $429,000; reads like this are typically within 30%, so $300,000 to $558,000. It asks $300,000, inside that range.

Asking price: $300,00023% below the median of $390,000
Revenue: $1,716,000median is $1,820,000
Revenue multiple: 0.17×0.27× across the market; 0.25× for bigger ones, 0.29× for smaller
Time listed: 109 daysno price change

Supermarkets in Victoria

Supermarkets for sale in Victoria (67) →

Listed

+4 in 30 days

Median asking

$390K

51 priced

Median revenue

$1.8M

57 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread51 of 67 state a price

This listing · $300K

10%

49%

18%

14%

Under $100K$2.5M–$5M

Australia 154 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Manufacturing businesses 61

Get new supermarkets in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Supermarkets for sale in Victoria (67) →