IGA Supermarket & Liquor, Ivanhoe VIC
Supermarket
ActiveRetailVictoriaB2C
Asking price
$650,000
Disclosed · AUD
Revenue
$2,600,000
TTM
Earnings (est.)
~$296,400
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
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
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