Fruit, Veg & Grocery Store, Doncaster Area

Fruit, Veg & Grocery Store, Doncaster Area — Retail · Doncaster, Melbourne · Asking $115,000 + SAV

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…

DealProspect/Listings/Retail

Fruit, Veg & Grocery Store, Doncaster Area

Greengrocer

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$115,000 + stock

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

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

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Listed

+2 in 30 days

Median asking

$523K

38 priced

Median revenue

$2.4M

38 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread38 of 42 state a price

This listing · $115K

18%

26%

29%

16%

Under $100K$2.5M–$5M

Australia 60 · New South Wales 13

Cafes 442 · Takeaways 314 · Restaurants 238 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67

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