Convenience Store & Tobacco, Melbourne CBD

Convenience Store & Tobacco, Melbourne CBD — Retail · Melbourne CBD, Melbourne · Asking $350,000 · Revenue $2,080,000

Convenience store and tobacco business on a prime Melbourne CBD main road, surrounded by offices Convenience goods plus tobacco retail and wholesale operations Trades 5.5 days a week with short hours Secure 10-year lease

DealProspect/Listings/Retail

Convenience Store & Tobacco, Melbourne CBD

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue

$2,080,000

TTM

Earnings (est.)

~$299,104

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Convenience store and tobacco business on a prime Melbourne CBD main road, surrounded by offices
Convenience goods plus tobacco retail and wholesale operations
Trades 5.5 days a week with short hours
Secure 10-year lease

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 · $350K

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

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