Fruit and Vegetable Store - Eltham

Fruit and Vegetable Store - Eltham — Retail · Eltham, VIC · Asking $488,000 · Revenue $2,600,000

Fruit and vegetable store in a hot-spot location, closing at 6pm Approximately 340sqm shop Easy to manage with an excellent setup Described as having growth potential

DealProspect/Listings/Retail

Fruit and Vegetable Store - Eltham

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$488,000

Disclosed · AUD

Revenue

$2,600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Fruit and vegetable store in a hot-spot location, closing at 6pm
Approximately 340sqm shop
Easy to manage with an excellent setup
Described as having growth potential

How it compares

Greengrocers in Victoria · asking prices

In line with greengrocers here

Greengrocers here ask a median 0.22× revenue. On its $2,600,000 revenue, that points to about $576,000; reads like this are typically within 30%, so $403,000 to $749,000. It asks $488,000, inside that range.

Asking price: $488,000about the median of $495,000
Revenue: $2,600,000median is $2,370,000
Revenue multiple: 0.19×0.22× across the market; higher than 10 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 · $488K

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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