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.)

~$438,684

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

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

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 $495,000
Revenue: $4,420,000median is $2,340,000
Revenue multiple: 0.11×0.22× across the market; higher than 3 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 · $490K

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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