Convenience Store in Templestowe Lower

Convenience Store in Templestowe Lower — Retail · Templestowe Lower, Melbourne · Asking $68,000 · Revenue $1,040,000

Well-established grocery shop on a busy main road Under the same ownership for several years Simple day-to-day operations 12-year lease in place

DealProspect/Listings/Retail

Convenience Store in Templestowe Lower

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$68,000

Disclosed · AUD

Revenue

$1,040,000

TTM

Earnings (est.)

~$149,552

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.5×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established grocery shop on a busy main road
Under the same ownership for several years
Simple day-to-day operations
12-year lease in place

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

Price drops

in 30 days

Asking price spread57 of 77 state a price

This listing · $68K

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

All 77 →