Coburg Fruit and Vegetable Store

Coburg Fruit and Vegetable Store — Retail · Coburg, Melbourne · Asking $130,000 · Revenue $624,000

Street-front shop with potential to improve, trading 7 days Same owner for over 10 years Cheap rent with a long lease; rear loading access Truck and forklift included Vendor retiring

DealProspect/Listings/Retail

Coburg Fruit and Vegetable Store

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$130,000

Disclosed · AUD

Revenue

$624,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Street-front shop with potential to improve, trading 7 days
Same owner for over 10 years
Cheap rent with a long lease; rear loading access
Truck and forklift included
Vendor retiring

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $624,000 revenue, that points to about $138,000; reads like this are typically within 30%, so $96,600 to $179,000. It asks $130,000, inside that range.

Asking price: $130,00074% below the median of $492,500
Revenue: $624,000median is $2,370,000
Revenue multiple: 0.21×0.22× across the market; higher than 14 of 34
Time listed: 111 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (42) →

Listed

+2 in 30 days

Median asking

$523K

38 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread38 of 42 state a price

This listing · $130K

18%

26%

29%

16%

Under $100K$2.5M–$5M

Australia 60 · New South Wales 13

Cafes 442 · Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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