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DealProspect/Listings/Retail

Post Office & General Store - San Remo

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$750,000
Disclosed · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$225,264
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Combined post office and general store, trading 7 days a week, 7am-7pm
  • Sales mix of approximately 40% groceries, 20% liquor, 20% soft drinks and 10% cigarettes
  • Same owner for 29 years; long secure lease at low rent