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DealProspect/Listings/Retail

Convenience Store, Cranbourne East

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$120,000
Disclosed · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$62,400
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Established convenience store in Cranbourne East, close to a local school
  • Located in a growing community with stable trading and a loyal local customer base
  • Easy to operate with good profits
  • 6-year lease in place with reasonable rent
  • Vendor keen to sell due to retirement