Family-Run Deli, Preston

Family-Run Deli, Preston — Food & Beverage · Preston, VIC · Asking $270,000 · Revenue $1,820,000

Long-standing, 25-year family-run deli in Preston with a loyal customer base Sells premium ham, cheese, smallgoods, groceries, antipasto and deli essentials New 5-year lease with rent inclusive of outgoings Staffed by 4 full-time and 5 part-time employees Opportunity to expand into catering services

DealProspect/Listings/Food & Beverage

Family-Run Deli, Preston

Delicatessen

ActiveFood & BeverageVictoriaB2C

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Asking price

$270,000

Disclosed · AUD

Revenue

$1,820,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-standing, 25-year family-run deli in Preston with a loyal customer base
Sells premium ham, cheese, smallgoods, groceries, antipasto and deli essentials
New 5-year lease with rent inclusive of outgoings
Staffed by 4 full-time and 5 part-time employees
Opportunity to expand into catering services

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How it compares

Delicatessens in Victoria · asking prices

41% below past delicatessens like it

Past delicatessens like it ask a median 0.25× revenue. On its $1,820,000 revenue, that points to about $455,000; reads like this are typically within 30%, so $319,000 to $592,000. It asks $270,000.

Asking price: $270,00054% above the median of $175,000
Revenue: $1,820,000biggest of 8
Time listed: 119 daysno price change

Delicatessens in Victoria

Delicatessens for sale in Victoria (11) →

Listed

active

Median asking

$175K

9 priced

Median revenue

$1M

8 disclose

Earnings multiple

1.3×

311 listings

Price drops

in 30 days

Asking price spread9 of 11 state a price

This listing · $270K

22%

67%

11%

Under $100K$250K–$500K

Australia 17

Cafes 439 · Takeaways 312 · Restaurants 237 · Newsagencies 69 · Supermarkets 66 · General retail businesses 65

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