Music Store Near Ormond, Melbourne

Music Store Near Ormond, Melbourne — Retail · Ormond, Melbourne · Asking $165,000 · Revenue $600,000 · Net Profit $98,000

33 years of trading from the same location in-store retail and online sales Near-zero local competition in instrument repairs and servicing Established school supply relationships across the local area Two-storey premises with an unutilised upper floor for expansion

DealProspect/Listings/Retail

Music Store Near Ormond, Melbourne

General Retail

ActiveRetailVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$165,000

Disclosed · AUD

Revenue

$600,000

TTM

Net Profit

$98,000

Implied multiple

1.7×

asking / earnings

Brief

33 years of trading from the same location
in-store retail and online sales
Near-zero local competition in instrument repairs and servicing
Established school supply relationships across the local area
Two-storey premises with an unutilised upper floor for expansion

How it compares

General retail businesses in Victoria · asking prices

In line with smaller general retail businesses here

Smaller general retail businesses here ask a median 0.33× revenue. On its $600,000 revenue, that points to about $199,000; reads like this are typically within 30%, so $139,000 to $259,000. It asks $165,000, inside that range.

Asking price: $165,00018% below the median of $200,000
Revenue: $600,000median is $1,100,000
Revenue multiple: 0.28×0.25× across the market; 0.2× for bigger ones, 0.33× for smaller
Time listed: 68 daysno price change

General retail businesses in Victoria

General retail businesses for sale in Victoria (72) →

Listed

+6 in 30 days

Median asking

$200K

60 priced

Median revenue

$1.1M

39 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread60 of 72 state a price

This listing · $165K

30%

28%

22%

15%

Under $100K$1M–$2.5M

Australia 236 · Queensland 63 · New South Wales 42 · Western Australia 23 · South Australia 11

Cafes 438 · Takeaways 316 · Restaurants 247 · Supermarkets 69 · Newsagencies 67 · Manufacturing businesses 61

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