Fruit & Veg Store - Prahran

Fruit & Veg Store - Prahran — Retail · Prahran, Melbourne · Asking $490,000 · Revenue $4,420,000

Fruit and vegetable store in Prahran, trading 7 days a week Same owner for 18 years Low overheads on a long, secure lease Ample free parking with around 20% of sales via delivery Described as a recession-proof business, easy to manage

DealProspect/Listings/Retail

Fruit & Veg Store - Prahran

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$490,000

Disclosed · AUD

Revenue

$4,420,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Fruit and vegetable store in Prahran, trading 7 days a week
Same owner for 18 years
Low overheads on a long, secure lease
Ample free parking with around 20% of sales via delivery
Described as a recession-proof business, easy to manage

How it compares

Greengrocers in Victoria · asking prices

50% below greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $4,420,000 revenue, that points to about $980,000; reads like this are typically within 30%, so $686,000 to $1,270,000. It asks $490,000.

Asking price: $490,000about the median of $522,500
Revenue: $4,420,000median is $2,370,000
Revenue multiple: 0.11×0.22× across the market; higher than 3 of 34
Time listed: 112 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (42) →

Listed

+2 in 30 days

Median asking

$523K

38 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread38 of 42 state a price

This listing · $490K

18%

26%

29%

16%

Under $100K$2.5M–$5M

Australia 60 · New South Wales 13

Cafes 442 · Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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