Milk Bar - Reservoir, VIC
Convenience Store
ActiveRetailVictoriaB2C
Asking price
$99,000
Disclosed · AUD
Revenue
$260,000
TTM
Earnings (est.)
~$39,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established milk bar in Reservoir, close to a local park in a family-friendly neighbourhood
- Low rent with a long, secure 9-year lease
- Comes with three residential rooms offering additional flexibility
- Same owner for the past 7 years, a stable and easy-to-run operation
- Scope to expand by introducing additional products and services
- Freehold property available separately for interested investors or owner-occupiers
More retail businesses for sale
- Industrial Supplies & Consumables Business, WAWholesale & Distribution · Western Australia · $5,700,000
- Online Toy Business, Port MelbourneGeneral Retail · Victoria · $99,000
- Home Renovation Retail Business, Murray BridgeGeneral Retail · South Australia · $690,000
- 7-Eleven Franchise - Manly, Northern BeachesConvenience Store · Manly, New South Wales · $599,000+
- Florist - 30+ Years Trading, MelbourneGeneral Retail · Melbourne, Victoria · $149,000+
- Asian Grocery Business - HurstvilleSupermarket · Hurstville, New South Wales · $299,000
- Indian Grocery Store - Melbourne South EastSupermarket · Victoria · $295,000
- Grocery & Butcher Business with Residence - CampsieSupermarket · Campsie, New South Wales · $299,000