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DealProspect/Listings/Retail

Fruit & Veg Shop in Mitcham

Greengrocer

ActiveRetailVictoriaB2C
Asking price
$50,000
Disclosed · AUD
Revenue
$416,000
TTM
Earnings (est.)
~$104,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Long-standing fresh fruit and vegetable business in a busy Mitcham shopping centre with high foot traffic
  • Trading for over 10 years with a loyal local customer base
  • Reasonable rent on a month-to-month lease
  • Includes a walk-in cool room
  • Same owner for 8 years; stable and easy to run
  • Vendor selling due to retirement

Greengrocers in Victoria

All 56
Listed
56
+10 in 30 days
Median asking
$488K
47 priced
Median revenue
$2.3M
46 disclose
Earnings multiple
2.5×
130 listings
Asking price spread47 of 56 state a price
This listing · $50K
17%
19%
23%
21%
15%
4%
Under $100K$2.5M–$5M

New South Wales 13

Cafes 575 · Takeaways 528 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77