Fruit & Veg Grocery Store - North Sydney

Fruit & Veg Grocery Store - North Sydney — Retail · North Sydney · Asking $450,000 · Revenue $3,325,868 · Net Profit $264,264

Long-running family-owned fruit and vegetable grocer on Sydney's north shore Also stocks continental groceries, dairy, pasta and pre-made meal packs Currently open six days a week with scope to add Sunday trading New five-plus-five-year lease in place with a fixed early rent period Owners retiring after five decades in the business

DealProspect/Listings/Retail

Fruit & Veg Grocery Store - North Sydney

Greengrocer

ActiveRetailNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

~$550,000

est. from headline + $100,000 stock · AUD

Revenue

$3,325,868

TTM

Net Profit

$264,264

Implied multiple (assumed)

~2.1×

Assumed · headline + $100,000 stock

Brief

Long-running family-owned fruit and vegetable grocer on Sydney's north shore
Also stocks continental groceries, dairy, pasta and pre-made meal packs
Currently open six days a week with scope to add Sunday trading
New five-plus-five-year lease in place with a fixed early rent period
Owners retiring after five decades in the business

How it compares

Greengrocers in New South Wales · asking prices

In line with bigger greengrocers here

Bigger greengrocers here ask a median 0.15× revenue. On its $3,325,868 revenue, that points to about $486,000; reads like this are typically within 30%, so $340,000 to $632,000. It asks $450,000, inside that range.

Asking price: $450,00048% above the median of $304,000
Revenue: $3,325,868median is $1,716,000
Revenue multiple: 0.14×0.14× across the market; 0.15× for bigger ones, 0.1× for smaller
Time listed: 54 daysno price change

Greengrocers in New South Wales

Greengrocers for sale in New South Wales (14) →

Listed

active

Median asking

$304K

12 priced

Median revenue

$1.7M

14 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread12 of 14 state a price

This listing · $450K

33%

25%

17%

Under $100K$1M–$2.5M

Australia 65 · Victoria 46

Cafes 187 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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Greengrocers for sale in New South Wales (14) →