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DealProspect/Listings/Retail

Fruit & Veg Grocery - North Sydney, NSW

Greengrocer

ActiveRetailNew South WalesB2C
Asking price
~$550,000
est. from headline + $100,000 stock · AUD
Revenue
$3,325,868
TTM
EBITDA
$264,264
Implied multiple (assumed)
~2.1×
Assumed · headline + $100,000 stock
Brief
  • Family-owned fruit and vegetable grocery on Sydney's North Shore, trading over 50 years
  • Fresh produce hand-picked daily, plus continental groceries, dairy, meat and pre-made meal packs
  • Currently owner-operated, open 6 days a week with scope to add Sunday trading
  • New 5+5 year lease in place, with rent representing a low share of turnover
  • Staffed by 4 full-time, 1 part-time and 6 casual employees
  • Potential to join a buying group (subject to landlord approval) or expand into online delivery
  • Owners retiring after 50 years in the business