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DealProspect/Listings/Retail

Convenience Store & Asian Grocery - Fitzroy

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$598,000
Disclosed · AUD
Revenue
$2,080,000
TTM
Earnings (est.)
~$352,378
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-established convenience store and grocery business in the heart of Fitzroy, stocking a broad range of everyday goods alongside Asian food and grocery items. The store benefits from a large footprint and a steady, loyal customer base, with no direct competitor nearby in the immediate area.

Convenience stores in Victoria

All 140
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 · $598K
30%
39%
22%
6%
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