Asian Grocery Store, Mill Park

Asian Grocery Store, Mill Park — Retail · Mill Park, Melbourne · Asking $680,000 · Revenue $2,080,000

Independent Asian grocery store in Mill Park, Melbourne, trading under full management Multiple aisles of packaged groceries with good systems and street-level exposure in a busy suburb Vendor training provided, with a secure long-term lease in place

DealProspect/Listings/Retail

Asian Grocery Store, Mill Park

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$680,000

Disclosed · AUD

Revenue

$2,080,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Independent Asian grocery store in Mill Park, Melbourne, trading under full management
Multiple aisles of packaged groceries with good systems and street-level exposure in a busy suburb
Vendor training provided, with a secure long-term lease in place

How it compares

Supermarkets in Victoria · asking prices

In line with supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $2,080,000 revenue, that points to about $561,000; reads like this are typically within 30%, so $393,000 to $729,000. It asks $680,000, inside that range.

Asking price: $680,00051% above the median of $450,000
Revenue: $2,080,000median is $2,000,000
Revenue multiple: 0.33×0.27× across the market; higher than 32 of 44
Time listed: 104 daysno price change

Supermarkets in Victoria

Supermarkets for sale in Victoria (69) →

Listed

+5 in 30 days

Median asking

$450K

53 priced

Median revenue

$2M

59 disclose

Earnings multiple

2.4×

191 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $680K

47%

21%

13%

Under $100K$2.5M–$5M

Australia 157 · Queensland 33 · New South Wales 30 · Western Australia 10

Cafes 441 · Takeaways 316 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Manufacturing businesses 60

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