Fruit, Vegetable and Grocery Store, Melbourne

Fruit, Vegetable and Grocery Store, Melbourne — Retail · Melbourne, VIC · Asking $2,750,000 · Revenue $11,440,000

Well-known Melbourne fruit, vegetable and grocery store in a central location Large store with high turnover and free off-street parking Complementary facilities located next to the store Trades 7 days a week

DealProspect/Listings/Retail

Fruit, Vegetable and Grocery Store, Melbourne

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$2,750,000

Disclosed · AUD

Revenue

$11,440,000

TTM

Earnings (est.)

~$1,144,000

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

Implied multiple (assumed)

~2.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-known Melbourne fruit, vegetable and grocery store in a central location
Large store with high turnover and free off-street parking
Complementary facilities located next to the store
Trades 7 days a week

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $11,440,000 revenue, that points to about $2,540,000; reads like this are typically within 30%, so $1,780,000 to $3,300,000. It asks $2,750,000, inside that range.

Asking price: $2,750,0005.6 times the median of $495,000
Revenue: $11,440,0003rd biggest of 39
Revenue multiple: 0.24×0.22× across the market; higher than 20 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 · $2.8M

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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