Supermarket, Melbourne City

Supermarket, Melbourne City — Retail · Melbourne, VIC · Asking $1,300,000 · Revenue $2,990,000

Fully equipped supermarket in Melbourne's city area, open to 11pm 7 days a week Long 20-year lease with good rent Only 6 months old and still growing Positioned as an improver opportunity

DealProspect/Listings/Retail

Supermarket, Melbourne City

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,300,000

Disclosed · AUD

Revenue

$2,990,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Fully equipped supermarket in Melbourne's city area, open to 11pm 7 days a week
Long 20-year lease with good rent
Only 6 months old and still growing
Positioned as an improver opportunity

How it compares

Supermarkets in Victoria · asking prices

61% above supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $2,990,000 revenue, that points to about $806,000; reads like this are typically within 30%, so $564,000 to $1,050,000. It asks $1,300,000.

Asking price: $1,300,0002.9 times the median of $450,000
Revenue: $2,990,000median is $2,000,000
Revenue multiple: 0.43×0.27× across the market; higher than 42 of 44
Time listed: 110 daysno price change

Supermarkets in Victoria

Supermarkets for sale in Victoria (69) →

Listed

+5 in 30 days

Median asking

$450K

53 priced

Median revenue

$2M

59 disclose

Earnings multiple

2.4×

191 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $1.3M

47%

21%

13%

Under $100K$2.5M–$5M

Australia 157 · Queensland 33 · New South Wales 30 · Western Australia 10

Cafes 441 · Takeaways 314 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Manufacturing businesses 60

Get new supermarkets in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Supermarkets for sale in Victoria (69) →