Music Store, Near Ormond

Music Store, Near Ormond — Retail · Ormond · Asking $165,000 · Revenue $728,000 · Net Profit $98,000

Long-established music store near Ormond trading for 33 years, selling instruments, accessories and offering repairs Near-zero local competition in the repairs segment Dual retail and online sales channels, plus established school supply relationships Two-storey premises with an unused upper floor offering expansion potential Vendor retiring and willing to support an extended handover

DealProspect/Listings/Retail

Music Store, Near Ormond

General Retail

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$165,000

Disclosed · AUD

Revenue

$728,000

TTM

Net Profit

$98,000

Implied multiple

1.7×

asking / earnings

Brief

• Long-established music store near Ormond trading for 33 years, selling instruments, accessories and offering repairs • Near-zero local competition in the repairs segment • Dual retail and online sales channels, plus established school supply relationships • Two-storey premises with an unused upper floor offering expansion potential • Vendor retiring and willing to support an extended handover

How it compares

General retail businesses in Victoria · asking prices

41% below smaller general retail businesses here

Smaller general retail businesses here ask a median 0.38× revenue. On its $728,000 revenue, that points to about $280,000; reads like this are typically within 30%, so $196,000 to $364,000. It asks $165,000.

Asking price: $165,000about the median of $180,000
Revenue: $728,000median is $828,000
Revenue multiple: 0.23×0.25× across the market; 0.21× for bigger ones, 0.38× for smaller
Time listed: 70 daysno price change

General retail businesses in Victoria

General retail businesses for sale in Victoria (67) →

Listed

+6 in 30 days

Median asking

$180K

56 priced

Median revenue

$828K

36 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread56 of 67 state a price

This listing · $165K

34%

27%

23%

11%

Under $100K$1M–$2.5M

Australia 226 · Queensland 59 · New South Wales 42 · Western Australia 23 · South Australia 11

Cafes 442 · Takeaways 314 · Restaurants 238 · Supermarkets 69 · Newsagencies 67 · Bars 60

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