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DealProspect/Listings/Retail

Retail Business – Gold Coast, Long Lease & Manager in Place

ActiveRetailQueensland
Asking price
$495,000
Disclosed · AUD
Revenue
Earnings (est.)
~$310,053
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-established retail business on the Gold Coast, trading as a local favourite for close to fifty years with strong, stable foot traffic and predominantly local repeat custom. The business is centrally located with an exclusive loading dock and additional storage space upstairs, and continues to operate under long-term management and staff with the current owner largely hands-off.