IGA Supermarket – Bendigo Region VIC

IGA Supermarket – Bendigo Region VIC — Retail · Bendigo · Asking $1,650,000 · Revenue $8,060,000

IGA supermarket in the Bendigo region with a monopoly position and high gross profit margin Trades until 8pm daily under a semi-managed structure with an experienced setup 650sqm shop on a long, secure lease with low overheads Significant scope for further growth and improvement under a more active owner Well-positioned turnkey retail opportunity with strong local trading conditions

DealProspect/Listings/Retail

IGA Supermarket – Bendigo Region VIC

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,650,000

Disclosed · AUD

Revenue

$8,060,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

IGA supermarket in the Bendigo region with a monopoly position and high gross profit margin
Trades until 8pm daily under a semi-managed structure with an experienced setup
650sqm shop on a long, secure lease with low overheads
Significant scope for further growth and improvement under a more active owner
Well-positioned turnkey retail opportunity with strong local trading conditions

How it compares

Supermarkets in Victoria · asking prices

In line with supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $8,060,000 revenue, that points to about $2,170,000; reads like this are typically within 30%, so $1,520,000 to $2,820,000. It asks $1,650,000, inside that range.

Asking price: $1,650,0003.7 times the median of $450,000
Revenue: $8,060,000median is $2,000,000
Revenue multiple: 0.2×0.27× across the market; higher than 13 of 44
Time listed: 72 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×

189 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $1.6M

47%

21%

13%

Under $100K$2.5M–$5M

Australia 156 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 442 · Takeaways 314 · Restaurants 238 · General retail businesses 67 · Newsagencies 67 · Bars 60

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