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DealProspect/Listings/Retail

Asian Grocery Store, Boronia

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$275,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$155,418
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-established Asian grocery store in the heart of Boronia, with ample customer parking and close proximity to large shopping centres. Under the same owner for seven years, it has become a trusted destination for a wide range of Asian groceries and produce. A long lease at low rent and a cool room for stock make it a straightforward, profitable retail business to take over.

Convenience stores in Victoria

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Listed
140
+20 in 30 days
Median asking
$168K
138 priced
Median revenue
$624K
131 disclose
Earnings multiple
2.3×
186 listings
Price drops
1
in 30 days
Asking price spread138 of 140 state a price
This listing · $275K
30%
39%
22%
3%
Under $100K$1M–$2.5M

Australia 162 · Queensland 11

Restaurants 1019 · Takeaways 926 · Cafes 890 · Liquor stores 145 · General retail businesses 128 · Bakeries 126

Priced like this one

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