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DealProspect/Listings/Retail

IGA Supermarket & Liquor Store – Cranbourne

Supermarket

ActiveRetailVictoriaB2C
Asking price
~$1,023,082
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$3,112,000
TTM
EBIT
$275,000
Implied multiple (assumed)
~3.7×
Assumed · comparable listings of this type and size · typically within ±20%

Brief

  • Dual-category IGA supermarket and liquor business near Cranbourne, in Melbourne's south-east growth corridor
  • Trading for four years under a nationally recognised supermarket brand
  • Team of eight full-time staff plus vendor support through a smooth transition
  • 1,000m² premises with 25 years remaining on a 30-year lease, 5x5x5x5 option periods and CPI-capped rent reviews
  • Manageable trading hours of 8am-8pm, seven days a week
  • Two-week trial period offered, with vendor support before and after settlement

Supermarkets in Victoria

All 86
Listed
86
+10 in 30 days
Median asking
$364K
72 priced
Median revenue
$1.6M
75 disclose
Earnings multiple
2.4×
137 listings
Price drops
4
in 30 days
Asking price spread72 of 86 state a price
11%
18%
38%
18%
7%
Under $100K$2.5M–$5M

Australia 176 · Queensland 37 · New South Wales 25

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Convenience stores 78 · Bakeries 75