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DealProspect/Listings/Retail

Asian Grocery Store – Deer Park

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$20,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$118,872
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Long-established Asian grocery store on a busy Deer Park main road with convenient front parking.
  • Stocks a wide range of Asian products and groceries, with a loyal customer base built over 10 years.
  • Low rent secured under a long-term lease, with vendor training available.
  • High profit margins and straightforward operation, with room for further expansion.

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×
185 listings
Price drops
1
in 30 days
Asking price spread137 of 141 state a price
This listing · $20K
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