Asian Grocery & Fresh Fish Store in Richmond

Asian Grocery & Fresh Fish Store in Richmond — Retail · Richmond, Melbourne · Asking $89,000 · Revenue $936,000

Long-established fresh fish and Asian grocery store in Richmond Trusted destination for fresh seafood and Asian groceries Operated by the same owner for 20 years; vendor retiring 5-year lease in place

DealProspect/Listings/Retail

Asian Grocery & Fresh Fish Store in Richmond

Convenience Store

ActiveRetailVictoriaB2C

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Asking price

$89,000

Disclosed · AUD

Revenue

$936,000

TTM

Earnings (est.)

~$140,400

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.6×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established fresh fish and Asian grocery store in Richmond
Trusted destination for fresh seafood and Asian groceries
Operated by the same owner for 20 years; vendor retiring
5-year lease in place

Convenience stores in Victoria

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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 · $89K

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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