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DealProspect/Listings/Retail

Asian Grocery Business - Hurstville

Supermarket

ActiveRetailNew South WalesB2C
Asking price
$299,000
Disclosed · AUD
Revenue
$1,040,000
TTM
Earnings (est.)
~$118,560
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established Asian grocery business in a high-density Hurstville, NSW location
  • Trading successfully for approximately 5 years
  • Two staff members currently operating the business
  • Trading hours 9am-11pm, with flexible hours
  • Long-term lease available
  • Strong, loyal local residential customer base
  • Potential to expand retail and wholesale operations
  • Suitable for Asian, Indian, Halal, Middle Eastern and specialty grocery products, subject to approvals