IGA Supermarket & Liquor, Ivanhoe VIC

IGA Supermarket & Liquor, Ivanhoe VIC — Retail · Ivanhoe · Asking $650,000 · Revenue $2,600,000

Long-running IGA supermarket incorporating a liquor offering in Ivanhoe Trading 7 days a week under the same owner for many years Excellent store setup with good rent and a long secure lease High gross margins with short trading hours and considerable scope for further growth

DealProspect/Listings/Retail

IGA Supermarket & Liquor, Ivanhoe VIC

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$650,000

Disclosed · AUD

Revenue

$2,600,000

TTM

Earnings (est.)

~$267,993

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

Implied multiple (assumed)

~2.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-running IGA supermarket incorporating a liquor offering in Ivanhoe
Trading 7 days a week under the same owner for many years
Excellent store setup with good rent and a long secure lease
High gross margins with short trading hours and considerable scope for further growth

How it compares

Supermarkets in Victoria · asking prices

In line with supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $2,600,000 revenue, that points to about $701,000; reads like this are typically within 30%, so $491,000 to $911,000. It asks $650,000, inside that range.

Asking price: $650,00044% above the median of $450,000
Revenue: $2,600,000median is $2,000,000
Revenue multiple: 0.25×0.27× across the market; higher than 18 of 44
Time listed: 109 daysprice cut 7%, from $699,000

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 · $650K

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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