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DealProspect/Listings/Retail

Asian Grocery - Vermont South

Convenience Store

ActiveRetailVictoria
Asking price
$780,000
Disclosed · AUD
Revenue
$2,340,000
TTM
Earnings (est.)
~$433,217
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Newly fitted-out Asian grocery store in a busy Vermont South shopping centre, fully equipped and ready to trade with no further investment needed. Straightforward to run on a long secure lease, and well suited to a visa applicant.

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 · $780K
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

Priced like this one

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