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.)

~$121,881

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

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

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 $495,000
Revenue: $624,000median is $2,340,000
Revenue multiple: 0.21×0.22× across the market; higher than 14 of 35
Time listed: 109 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (46) →

Listed

+2 in 30 days

Median asking

$495K

42 priced

Median revenue

$2.3M

39 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread42 of 46 state a price

This listing · $130K

12%

17%

24%

29%

14%

Under $100K$2.5M–$5M

Australia 65 · New South Wales 14

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

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