Asian Grocery Store – Berwick Area VIC

Asian Grocery Store – Berwick Area VIC — Retail · Berwick area, VIC · Asking $590,000 · Revenue $1,820,000

Asian grocery store trading near Berwick in Melbourne's south-east growth corridor Located within a shopping centre close to a major supermarket Trades seven days a week Operated by one owner plus three staff members Vendor selling due to family relocating overseas

DealProspect/Listings/Retail

Asian Grocery Store – Berwick Area VIC

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,820,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Asian grocery store trading near Berwick in Melbourne's south-east growth corridor
Located within a shopping centre close to a major supermarket
Trades seven days a week
Operated by one owner plus three staff members
Vendor selling due to family relocating overseas

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 $1,820,000 revenue, that points to about $541,000; reads like this are typically within 30%, so $379,000 to $703,000. It asks $590,000, inside that range.

Asking price: $590,0003.1 times the median of $190,000
Revenue: $1,820,000median is $572,000
Revenue multiple: 0.32×0.26× across the market; 0.3× for bigger ones, 0.21× for smaller
Time listed: 49 daysno price change

Convenience stores in Victoria

Convenience stores for sale in Victoria (28) →

Listed

+4 in 30 days

Median asking

$190K

25 priced

Median revenue

$572K

21 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread25 of 28 state a price

This listing · $590K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 56 · Queensland 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

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