Asian Grocery Store - Yarra Valley

Asian Grocery Store - Yarra Valley — Retail · Yarra Valley, VIC · Asking $160,000 · Revenue $832,000

Asian grocery store in the Yarra Valley selling fruit, vegetables and groceries Trades 7 days a week Same owner for 14 years Extremely low rent Well-presented store requiring no further investment

DealProspect/Listings/Retail

Asian Grocery Store - Yarra Valley

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$160,000

Disclosed · AUD

Revenue

$832,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Asian grocery store in the Yarra Valley selling fruit, vegetables and groceries
Trades 7 days a week
Same owner for 14 years
Extremely low rent
Well-presented store requiring no further investment

How it compares

Convenience stores in Victoria · asking prices

35% below bigger convenience stores here

Bigger convenience stores here ask a median 0.3× revenue. On its $832,000 revenue, that points to about $247,000; reads like this are typically within 30%, so $173,000 to $321,000. It asks $160,000.

Asking price: $160,00016% below the median of $190,000
Revenue: $832,000median is $572,000
Revenue multiple: 0.19×0.26× across the market; 0.3× for bigger ones, 0.21× for smaller
Time listed: 110 daysno price change

Convenience stores in Victoria

Convenience stores for sale in Victoria (28) →

Listed

+4 in 30 days

Median asking

$190K

25 priced

Median revenue

$572K

21 disclose

Earnings multiple

2.4×

191 listings

Price drops

in 30 days

Asking price spread25 of 28 state a price

This listing · $160K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 56 · Queensland 14

Cafes 441 · Takeaways 316 · Restaurants 247 · General retail businesses 71 · Supermarkets 69 · Newsagencies 67

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