Fruit & Veg Store - Deer Park

Fruit & Veg Store - Deer Park — Retail · Deer Park, VIC · Asking $2,350,000 · Revenue $8,320,000

Popular fruit and veg store with deli in Deer Park, trading 7 days Recently renovated with large floor space, a major drawcard for the centre Deli could be sub-leased (own fridges and entrance); butcher already sub-leased, not included Price includes a warehouse in the market and a 16-pallet truck

DealProspect/Listings/Retail

Fruit & Veg Store - Deer Park

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$2,350,000

Disclosed · AUD

Revenue

$8,320,000

TTM

Earnings (est.)

~$939,328

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.5×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Popular fruit and veg store with deli in Deer Park, trading 7 days
Recently renovated with large floor space, a major drawcard for the centre
Deli could be sub-leased (own fridges and entrance); butcher already sub-leased, not included
Price includes a warehouse in the market and a 16-pallet truck

Greengrocers in Victoria

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Listed

+1 in 30 days

Median asking

$488K

47 priced

Median revenue

$2.3M

46 disclose

Earnings multiple

2.4×

137 listings

Asking price spread47 of 56 state a price

This listing · $2.4M

17%

19%

23%

21%

15%

Under $100K$2.5M–$5M

Australia 78 · New South Wales 13

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 78

Priced like this one

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