Family-owned butcher, Gladstone Park

Family-owned butcher, Gladstone Park — Retail · Tullamarine (Gladstone Park) · Asking $595,000 · Revenue $3,900,000

A standalone, family-owned butcher in Gladstone Park (Tullamarine) trading for 35 years, with a well-known outlet, a private carpark and around a quarter of sales from wholesale. It holds a long lease.

DealProspect/Listings/Retail

Family-owned butcher, Gladstone Park

Butchery

ActiveRetailVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$595,000

Disclosed · AUD

Revenue

$3,900,000

TTM

Earnings (est.)

~$300,453

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

Implied multiple (assumed)

~2.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

How it compares

Butcher shops in Victoria · asking prices

In line with butcher shops here

Butcher shops here ask a median 0.19× revenue. On its $3,900,000 revenue, that points to about $746,000; reads like this are typically within 30%, so $522,000 to $970,000. It asks $595,000, inside that range.

Asking price: $595,0003.0 times the median of $199,000
Revenue: $3,900,0002nd biggest of 22
Revenue multiple: 0.15×0.19× across the market; higher than 4 of 20
Time listed: 108 daysno price change

Butcher shops in Victoria

Butcher shops for sale in Victoria (27) →

Listed

+3 in 30 days

Median asking

$199K

25 priced

Median revenue

$1.4M

22 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread25 of 27 state a price

This listing · $595K

48%

24%

16%

Under $100K$1M–$2.5M

Australia 48 · Queensland 9

Cafes 441 · Takeaways 316 · Restaurants 248 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67

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