Convenience Store in Melbourne CBD

Convenience Store in Melbourne CBD — Retail · Melbourne CBD, Melbourne · Asking $199,000 · Revenue $1,300,000

Well-established convenience store/milk bar on a bustling Melbourne CBD street with heavy foot traffic Full liquor licence Reasonable rent on a 10-year secure lease Fully under management, easy to run Growth potential

DealProspect/Listings/Retail

Convenience Store in Melbourne CBD

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$199,000

Disclosed · AUD

Revenue

$1,300,000

TTM

Earnings (est.)

~$186,940

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.1×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established convenience store/milk bar on a bustling Melbourne CBD street with heavy foot traffic
Full liquor licence
Reasonable rent on a 10-year secure lease
Fully under management, easy to run
Growth potential

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 · $199K

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 →