Asian Grocery Store in Box Hill

Asian Grocery Store in Box Hill — Retail · Box Hill, Melbourne · Asking $2,600,000 · Revenue $9,880,000

Long-established Asian grocery store in a highly sought-after central Box Hill location with substantial foot traffic Loyal customer base and diverse range of Asian products and groceries 7-year lease in place Same owner for 11 years; stable, high profit and easy to run

DealProspect/Listings/Retail

Asian Grocery Store in Box Hill

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$2,600,000

Disclosed · AUD

Revenue

$9,880,000

TTM

Earnings (est.)

~$842,764

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.1×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established Asian grocery store in a highly sought-after central Box Hill location with substantial foot traffic
Loyal customer base and diverse range of Asian products and groceries
7-year lease in place
Same owner for 11 years; stable, high profit and easy to run

Supermarkets in Victoria

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Listed

+10 in 30 days

Median asking

$364K

72 priced

Median revenue

$1.6M

75 disclose

Earnings multiple

2.4×

137 listings

Price drops

in 30 days

Asking price spread72 of 86 state a price

This listing · $2.6M

11%

18%

38%

18%

Under $100K$2.5M–$5M

Australia 176 · Queensland 37 · New South Wales 25

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Convenience stores 78 · Bakeries 75

Priced like this one

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