Fruit & Vegetable Store with Cafe & Deli - Frankston Area

Fruit & Vegetable Store with Cafe & Deli - Frankston Area — Retail · Frankston · Asking POA · Revenue $5,720,000

Large, modern fruit and vegetable specialist store combined with a cafe, juice bar and deli Located in an upmarket area with main street access and ample free parking Long lease at a good rent, with a loyal customer base

DealProspect/Listings/Retail

Fruit & Vegetable Store with Cafe & Deli - Frankston Area

Greengrocer

ActiveRetailVictoriaB2C

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Asking price

Revenue

$5,720,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Large, modern fruit and vegetable specialist store combined with a cafe, juice bar and deli
Located in an upmarket area with main street access and ample free parking
Long lease at a good rent, with a loyal customer base

Greengrocers in Victoria

Greengrocers for sale in Victoria (45) →

Listed

+2 in 30 days

Median asking

$495K

41 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread41 of 45 state a price

12%

17%

24%

27%

15%

Under $100K$2.5M–$5M

Australia 64 · New South Wales 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

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