Fruit Store, Northern Suburbs Market

Fruit Store, Northern Suburbs Market — Retail · Melbourne · Asking $850,000 · Revenue $3,900,000

Largest fruit store within a major market in Melbourne's northern suburbs Newly renovated with a long-standing market history Semi under management with ample storage space Closed Monday and Tuesday

DealProspect/Listings/Retail

Fruit Store, Northern Suburbs Market

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$850,000

Disclosed · AUD

Revenue

$3,900,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Largest fruit store within a major market in Melbourne's northern suburbs
Newly renovated with a long-standing market history
Semi under management with ample storage space
Closed Monday and Tuesday

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $3,900,000 revenue, that points to about $864,000; reads like this are typically within 30%, so $605,000 to $1,120,000. It asks $850,000, inside that range.

Asking price: $850,00072% above the median of $495,000
Revenue: $3,900,000median is $2,370,000
Revenue multiple: 0.22×0.22× across the market; higher than 15 of 34
Time listed: 110 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (45) →

Listed

+2 in 30 days

Median asking

$495K

41 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread41 of 45 state a price

This listing · $850K

12%

17%

24%

27%

15%

Under $100K$2.5M–$5M

Australia 64 · New South Wales 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

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