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.)

~$832,000

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~2.8×

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

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $8,320,000 revenue, that points to about $1,840,000; reads like this are typically within 30%, so $1,290,000 to $2,390,000. It asks $2,350,000, inside that range.

Asking price: $2,350,0004.7 times the median of $495,000
Revenue: $8,320,000median is $2,340,000
Revenue multiple: 0.28×0.22× across the market; higher than 27 of 35
Time listed: 108 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (46) →

Listed

+2 in 30 days

Median asking

$495K

42 priced

Median revenue

$2.3M

39 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread42 of 46 state a price

This listing · $2.4M

12%

17%

24%

29%

14%

Under $100K$2.5M–$5M

Australia 65 · New South Wales 14

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67

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