Post Office & General Store - San Remo

Post Office & General Store - San Remo — Retail · San Remo, VIC · Asking $750,000 · Revenue $1,560,000

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

DealProspect/Listings/Retail

Post Office & General Store - San Remo

Post Office

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$750,000

Disclosed · AUD

Revenue

$1,560,000

TTM

Earnings (est.)

~$238,467

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~3.1×

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

Post offices in Victoria

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Listed

active

Median asking

$674K

10 priced

Median revenue

$483K

10 disclose

Earnings multiple

2.3×

186 listings

Asking price spread10 of 11 state a price

This listing · $750K

20%

70%

10%

$250K–$500K$1M–$2.5M

Australia 15

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

All 11 →