Asian Grocery Store Near Berwick, Victoria

Asian Grocery Store Near Berwick, Victoria — Retail · Berwick · Asking $590,000 · Revenue $1,820,000

Asian grocery store in a shopping centre near Berwick, in Melbourne's south-east growth corridor Trading 7 days, 8:30am-8:30pm Operated by 1 owner plus 3 staff Secure long lease in place Vendor selling as family is reuniting overseas

DealProspect/Listings/Retail

Asian Grocery Store Near Berwick, Victoria

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

~$650,000

est. from headline + $60,000 stock · AUD

Revenue

$1,820,000

TTM

Earnings (est.)

~$261,716

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.5×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Asian grocery store in a shopping centre near Berwick, in Melbourne's south-east growth corridor
Trading 7 days, 8:30am-8:30pm
Operated by 1 owner plus 3 staff
Secure long lease in place
Vendor selling as family is reuniting overseas

Convenience stores in Victoria

All 78 →

Listed

+6 in 30 days

Median asking

$189K

58 priced

Median revenue

$572K

56 disclose

Earnings multiple

2.4×

137 listings

Asking price spread58 of 78 state a price

This listing · $590K

29%

33%

26%

10%

Under $100K$1M–$2.5M

Australia 119 · Queensland 21 · Western Australia 10

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Bakeries 75

Priced like this one

All 78 →