IGA Local Grocer – Abbotsford, Melbourne
Supermarket
ActiveRetailVictoriaB2C
Asking price
~$432,744
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$263,740
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
An established IGA-branded local grocer on Melbourne's city fringe at Abbotsford, positioned beside a train station and petrol station and beneath a new seven-level residential development. The store trades seven days across a modern fit-out of roughly 670sqm and includes a dedicated liquor section. The vendor is retiring after more than ten years and the business is openly described as underperforming during a health-related absence, leaving room for a hands-on operator to lift trade.
Supermarkets in Victoria
All 87 →Listed
87
+11 in 30 days
Median asking
$364K
72 priced
Median revenue
$1.6M
76 disclose
Earnings multiple
2.4×
141 listings
Price drops
4
in 30 days
Asking price spread72 of 87 state a price
7%
Under $100K$2.5M–$5M
Australia 177 · Queensland 38 · New South Wales 25
Cafes 575 · Takeaways 527 · Restaurants 484 · General retail businesses 226 · Convenience stores 79 · Bakeries 75
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