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DealProspect/Listings/Retail

Asian Grocery Store in Carlton

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$45,000
Disclosed · AUD
Revenue
$1,196,000
TTM
Earnings (est.)
~$171,985
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established Asian grocery store opposite Queen Victoria Market
  • Close to the university and student apartments
  • Full liquor licence
  • 12 years of successful operation

Convenience stores in Victoria

All 77
Listed
77
+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 · $45K
30%
33%
26%
2%
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