Fruit, Vegetable & Flower Store - Fitzroy

Fruit, Vegetable & Flower Store - Fitzroy — Retail · Fitzroy, VIC · Asking $550,000 · Revenue $2,340,000

Sales split approximately 80% fruit and vegetables, 20% flowers Trades 7 days a week with a 5pm close and low overheads Sale includes truck and forklift; 11 years remaining on the lease

DealProspect/Listings/Retail

Fruit, Vegetable & Flower Store - Fitzroy

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$2,340,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Sales split approximately 80% fruit and vegetables, 20% flowers
Trades 7 days a week with a 5pm close and low overheads
Sale includes truck and forklift; 11 years remaining on the lease

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $2,340,000 revenue, that points to about $519,000; reads like this are typically within 30%, so $363,000 to $675,000. It asks $550,000, inside that range.

Asking price: $550,000about the median of $495,000
Revenue: $2,340,000median is $2,370,000
Revenue multiple: 0.24×0.22× across the market; higher than 18 of 34
Time listed: 110 daysno price change

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

This listing · $550K

12%

17%

24%

27%

15%

Under $100K$2.5M–$5M

Australia 64 · New South Wales 14

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