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DealProspect/Listings/Retail

Seafood Shop – Cranbourne North

Seafood Shop

ActiveRetailVictoriaB2C
Asking price
$89,000
Disclosed · AUD
Revenue
$676,000
TTM
Earnings (est.)
~$88,571
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~1.0×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-established seafood retailer in the Cranbourne North shopping centre, recently upgraded with new equipment. The business is stable, profitable and straightforward to operate, with a long secure lease and reasonable rent. The vendor is selling due to retirement, offering a ready-to-run opportunity for a new operator.

Seafood shops in Victoria

All 17
Listed
17
+4 in 30 days
Median asking
$240K
16 priced
Median revenue
$1.5M
16 disclose
Earnings multiple
2.3×
186 listings
Asking price spread16 of 17 state a price
This listing · $89K
19%
31%
25%
25%
Under $100K$500K–$1M

Australia 31 · Queensland 8

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127