Award-Winning Seafood Retail & Wholesale Business

Award-Winning Seafood Retail & Wholesale Business — Retail · Phillip Island · Asking $995,000 · Revenue $2,835,000 · SDE $575,000

Award-winning fresh seafood retail and wholesale business on Phillip Island, trading over 13 years Serves retail customers plus 12 established wholesale accounts and 5 independent supermarkets Operates five days a week, closed Sundays and Mondays Fully equipped premises with two coolrooms, two walk-in freezers and display cabinetry Delivery van, forklift, ice machine and skin-packing machinery…

DealProspect/Listings/Retail

Award-Winning Seafood Retail & Wholesale Business

Seafood Shop

ActiveRetailVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$995,000

Disclosed · AUD

Revenue

$2,835,000

TTM

Earnings

$575,000

Implied multiple

1.7×

asking / earnings

Brief

Award-winning fresh seafood retail and wholesale business on Phillip Island, trading over 13 years
Serves retail customers plus 12 established wholesale accounts and 5 independent supermarkets
Operates five days a week, closed Sundays and Mondays
Fully equipped premises with two coolrooms, two walk-in freezers and display cabinetry
Delivery van, forklift, ice machine and skin-packing machinery included
New 5+5+5 year lease available; adjoining freehold property available separately by negotiation
Potential to add cooked fish and chips through planned premises expansion

Seafood shops in Victoria

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Listed

+4 in 30 days

Median asking

$240K

16 priced

Median revenue

$1.5M

16 disclose

Earnings multiple

2.3×

185 listings

Asking price spread16 of 17 state a price

This listing · $995K

19%

31%

25%

Under $100K$500K–$1M

Australia 31 · Queensland 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

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