Indian Grocery Store, Melbourne South East

Indian Grocery Store, Melbourne South East — Retail · Melbourne South East · Asking $295,000 · Revenue $884,000

Indian grocery store trading from a busy Melbourne South East shopping centre Stocks a broad range of Indian groceries and household essentials Semi owner-operated with a lean two-person team and no franchise royalties Long lease structure provides tenure security for an incoming owner

DealProspect/Listings/Retail

Indian Grocery Store, Melbourne South East

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$884,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Indian grocery store trading from a busy Melbourne South East shopping centre
Stocks a broad range of Indian groceries and household essentials
Semi owner-operated with a lean two-person team and no franchise royalties
Long lease structure provides tenure security for an incoming owner

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How the asking price compares, with comparable businesses
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How long it has been for sale

How it compares

Convenience stores in Victoria · asking prices

In line with bigger convenience stores here

Bigger convenience stores here ask a median 0.3× revenue. On its $884,000 revenue, that points to about $263,000; reads like this are typically within 30%, so $184,000 to $342,000. It asks $295,000, inside that range.

Asking price: $295,00055% above the median of $190,000
Revenue: $884,000median is $572,000
Revenue multiple: 0.33×0.26× across the market; 0.3× for bigger ones, 0.21× for smaller
Time listed: 62 daysno price change

Convenience stores in Victoria

Convenience stores for sale in Victoria (28) →

Listed

+3 in 30 days

Median asking

$190K

25 priced

Median revenue

$572K

21 disclose

Earnings multiple

2.4×

185 listings

Asking price spread25 of 28 state a price

This listing · $295K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 55 · Queensland 14

Cafes 437 · Takeaways 313 · Restaurants 237 · Newsagencies 69 · General retail businesses 66 · Supermarkets 66

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