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 77 →

Listed

+22 in 30 days

Median asking

$188K

57 priced

Median revenue

$572K

55 disclose

Earnings multiple

2.5×

130 listings

Time listed

28d

10 tracked

Asking price spread57 of 77 state a price

This listing · $350K

30%

33%

26%

Under $100K$1M–$2.5M

Queensland 21 · Western Australia 10 · Auckland 9

Cafes 575 · Takeaways 528 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Bakeries 76

Priced like this one

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