South Melbourne Market Business

South Melbourne Market Business — Retail · South Melbourne, Melbourne · Asking $1,200,000 · Revenue $3,640,000

Business operating within South Melbourne Market Trades just 4 days a week Same owner for many years Low overheads on a long, secure lease Described as having a strong profit margin and growth potential

DealProspect/Listings/Retail

South Melbourne Market Business

Greengrocer

ActiveRetailVictoria

Find funding for this deal →View original listing ↗

Asking price

$1,200,000

Disclosed · AUD

Revenue

$3,640,000

TTM

Earnings (est.)

~$578,785

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~2.1×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Business operating within South Melbourne Market
Trades just 4 days a week
Same owner for many years
Low overheads on a long, secure lease
Described as having a strong profit margin and growth potential

How it compares

Greengrocers in Victoria · asking prices

49% above greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $3,640,000 revenue, that points to about $807,000; reads like this are typically within 30%, so $565,000 to $1,050,000. It asks $1,200,000.

Asking price: $1,200,0002.4 times the median of $495,000
Revenue: $3,640,000median is $2,340,000
Revenue multiple: 0.33×0.22× across the market; higher than 31 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 · $1.2M

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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