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.)

~$409,725

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

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

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 $2,340,000
Revenue multiple: 0.19×0.22× across the market; higher than 10 of 35
Time listed: 108 daysno price change

Greengrocers in Victoria

Greengrocers for sale in Victoria (46) →

Listed

+2 in 30 days

Median asking

$495K

42 priced

Median revenue

$2.3M

39 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread42 of 46 state a price

This listing · $488K

12%

17%

24%

29%

14%

Under $100K$2.5M–$5M

Australia 65 · New South Wales 14

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67

Get new greengrocers in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Greengrocers for sale in Victoria (46) →