Asian Grocery Store – Southbank
Convenience Store
ActiveRetailVictoriaB2C
Asking price
$80,000
Disclosed · AUD
Revenue
$1,040,000
TTM
Earnings (est.)
~$150,176
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established Asian grocery store on a busy Southbank main road, surrounded by apartment buildings.
- Stocks a wide range of Asian grocery products and has built a loyal customer base.
- Large shop area with new equipment, making it easy to operate.
- Same ownership for 5 years under a lease with reasonable rent.
- Straightforward, profitable operation with strong local demand.
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 · $80K
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
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