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Asian Grocery, North Melbourne

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$1,950,000
Disclosed · AUD
Revenue
$2,600,000
TTM
Earnings (est.)
~$783,020
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~2.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-established Asian grocery in one of Melbourne's northern suburbs, trading from a fitted-out shop beside a major supermarket in a busy shopping centre. Same owner for eight years, offering a wide range of Asian produce and packaged goods to a loyal customer base, with straightforward day-to-day operations.

Convenience stores in Victoria

All 141
Listed
141
+20 in 30 days
Median asking
$168K
137 priced
Median revenue
$624K
130 disclose
Earnings multiple
2.3×
186 listings
Price drops
1
in 30 days
Asking price spread137 of 141 state a price
This listing · $1.9M
30%
39%
22%
3%
Under $100K$1M–$2.5M

Australia 165 · Queensland 12

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Bakeries 127 · General retail businesses 125