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DealProspect/Listings/Retail

Fruit, Veg & Grocery Store, Doncaster Area

Greengrocer

ActiveRetailVictoriaB2C
Asking price
$115,000
Disclosed · AUD
Revenue (est.)
~$637,826
Estimated · comparable listings of this type and size
Earnings (est.)
~$65,865
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Constantly growing fruit and grocery business in a local shopping court around Doncaster
  • Surrounded by successful retail and hospitality businesses, with hundreds of car parks
  • Trading 6 days a week, closed Sundays
  • Walk-in coolroom, rear delivery bay and storage room among the fit-out
  • Long lease and reasonable rent in place
  • Room to expand into cultural grocery lines given the area's multiculturalism
  • Owner has never approached surrounding restaurants and cafés for wholesale supply