Indian Grocery - Hoppers Crossing

Indian Grocery - Hoppers Crossing — Retail · Hoppers Crossing, VIC · Asking $150,000 · Revenue $624,000

Open 7 days, trading 10am-9pm Run by a husband and wife team Low overhead cost structure Long, secure lease in place

DealProspect/Listings/Retail

Indian Grocery - Hoppers Crossing

General Retail

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue

$624,000

TTM

Earnings (est.)

~$107,470

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

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Open 7 days, trading 10am-9pm
Run by a husband and wife team
Low overhead cost structure
Long, secure lease in place

How it compares

General retail businesses in Victoria · asking prices

In line with smaller general retail businesses here

Smaller general retail businesses here ask a median 0.33× revenue. On its $624,000 revenue, that points to about $207,000; reads like this are typically within 30%, so $145,000 to $269,000. It asks $150,000, inside that range.

Asking price: $150,00025% below the median of $200,000
Revenue: $624,000median is $1,000,000
Revenue multiple: 0.24×0.25× across the market; 0.2× for bigger ones, 0.33× for smaller
Time listed: 109 daysno price change

General retail businesses in Victoria

General retail businesses for sale in Victoria (71) →

Listed

+5 in 30 days

Median asking

$200K

60 priced

Median revenue

$1M

38 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread60 of 71 state a price

This listing · $150K

30%

28%

22%

15%

Under $100K$1M–$2.5M

Australia 235 · Queensland 63 · New South Wales 42 · Western Australia 23 · South Australia 11

Cafes 436 · Takeaways 315 · Restaurants 247 · Newsagencies 67 · Supermarkets 67 · Manufacturing businesses 61

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