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Post Office & General Store - San Remo

Post Office

ActiveRetailVictoriaB2C
Asking price
$750,000
Disclosed · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
Implied multiple (assumed)

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
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Listed
23
+2 in 30 days
Median asking
$750K
21 priced
Median revenue
$343K
6 disclose
Earnings multiple
2.4×
185 listings
Price drops
2
in 30 days
Asking price spread21 of 23 state a price
This listing · $750K
14%
19%
48%
19%
$100K–$250K$1M–$2.5M

Australia 47 · New South Wales 8

Cafes 437 · Takeaways 313 · Restaurants 237 · Newsagencies 69 · General retail businesses 66 · Supermarkets 66

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