Werribee Grocery Store

Werribee Grocery Store — Retail · Werribee, VIC · Asking $190,000 · Revenue $728,000

Long-established grocery store in Werribee, trading 7 days until 8pm Does not sell liquor Low weekly rent of $420 under a good lease

DealProspect/Listings/Retail

Werribee Grocery Store

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$190,000

Disclosed · AUD

Revenue

$728,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Long-established grocery store in Werribee, trading 7 days until 8pm
Does not sell liquor
Low weekly rent of $420 under a good lease

How it compares

Convenience stores in Victoria · asking prices

In line with bigger convenience stores here

Bigger convenience stores here ask a median 0.3× revenue. On its $728,000 revenue, that points to about $216,000; reads like this are typically within 30%, so $151,000 to $281,000. It asks $190,000, inside that range.

Asking price: $190,000about the median of $190,000
Revenue: $728,000median is $572,000
Revenue multiple: 0.26×0.26× 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×

190 listings

Price drops

in 30 days

Asking price spread25 of 28 state a price

This listing · $190K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 56 · Queensland 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

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