High-End Grocery & Produce Store - Cheltenham

High-End Grocery & Produce Store - Cheltenham — Retail · Cheltenham, Melbourne · Asking $185,000 · Revenue $728,000

High-end grocery, fruit and vegetable and florist business servicing the Cheltenham area Established with a loyal customer base Sources top-quality produce Suited to an owner-operator

DealProspect/Listings/Retail

High-End Grocery & Produce Store - Cheltenham

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$185,000

Disclosed · AUD

Revenue

$728,000

TTM

Earnings (est.)

~$160,196

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

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

High-end grocery, fruit and vegetable and florist business servicing the Cheltenham area
Established with a loyal customer base
Sources top-quality produce
Suited to an owner-operator

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $728,000 revenue, that points to about $161,000; reads like this are typically within 30%, so $113,000 to $209,000. It asks $185,000, inside that range.

Asking price: $185,00063% below the median of $495,000
Revenue: $728,000median is $2,370,000
Revenue multiple: 0.25×0.22× across the market; higher than 25 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 · $185K

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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