Variety Store / $2 Shop - Melbourne CBD

Variety Store / $2 Shop - Melbourne CBD — Retail · Melbourne · Asking $250,000 · Revenue $1,092,000

Well-established variety store on a busy main road in Melbourne CBD, surrounded by apartments and offices, offering homewares, giftware, toys and stationery. Large premises with nine years under the same owner, easy to operate.

DealProspect/Listings/Retail

Variety Store / $2 Shop - Melbourne CBD

General Retail

ActiveRetailVictoria

Find funding for this deal →View original listing ↗

Asking price

$250,000

Disclosed · AUD

Revenue

$1,092,000

TTM

Earnings (est.)

~$175,812

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

General retail businesses in Victoria

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Listed

125

+17 in 30 days

Median asking

$195K

112 priced

Median revenue

$624K

85 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread112 of 125 state a price

This listing · $250K

27%

38%

20%

13%

Under $100K$1M–$2.5M

Australia 315 · Queensland 80 · New South Wales 43 · Western Australia 21 · South Australia 10

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

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