Fruit and Vegetable Store - North East Suburbs

Fruit and Vegetable Store - North East Suburbs — Retail · South Morang · Asking $1,100,000 · Revenue $6,760,000

Fruit and vegetable store on a main road in the north-east suburbs, next to a major supermarket Product mix approximately 75% fruit and veg, 25% groceries Fully equipped 400sqm store with 2 forklifts and 8 pallet trucks Plenty of car parking; highly accessible to customers

DealProspect/Listings/Retail

Fruit and Vegetable Store - North East Suburbs

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,100,000

Disclosed · AUD

Revenue

$6,760,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Fruit and vegetable store on a main road in the north-east suburbs, next to a major supermarket
Product mix approximately 75% fruit and veg, 25% groceries
Fully equipped 400sqm store with 2 forklifts and 8 pallet trucks
Plenty of car parking; highly accessible to customers

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $6,760,000 revenue, that points to about $1,500,000; reads like this are typically within 30%, so $1,050,000 to $1,950,000. It asks $1,100,000, inside that range.

Asking price: $1,100,0002.2 times the median of $495,000
Revenue: $6,760,000median is $2,370,000
Revenue multiple: 0.16×0.22× across the market; higher than 8 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 · $1.1M

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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