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.)

~$251,483

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

Implied multiple (assumed)

~2.7×

Assumed · asking ÷ estimated earnings (as advertised)

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

31% above bigger supermarkets here

Bigger supermarkets here ask a median 0.25× revenue. On its $2,080,000 revenue, that points to about $520,000; reads like this are typically within 30%, so $364,000 to $676,000. It asks $680,000.

Asking price: $680,00074% above the median of $390,000
Revenue: $2,080,000median is $1,820,000
Revenue multiple: 0.33×0.27× across the market; 0.25× for bigger ones, 0.29× for smaller
Time listed: 102 daysno price change

Supermarkets in Victoria

Supermarkets for sale in Victoria (67) →

Listed

+4 in 30 days

Median asking

$390K

51 priced

Median revenue

$1.8M

57 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread51 of 67 state a price

This listing · $680K

10%

49%

18%

14%

Under $100K$2.5M–$5M

Australia 154 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Manufacturing businesses 61

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