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DealProspect/Listings/Retail

Asian Grocery Store – Glen Waverley

Convenience Store

ActiveRetailVictoria
Asking price
$120,000
Disclosed · AUD
Revenue
$780,000
TTM
Earnings (est.)
~$148,590
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.8×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-established Asian grocery store in Glen Waverley, set in a residential area with plentiful parking and no nearby competition. The business has built a strong reputation and also trades online through its own website. Rent is low relative to turnover, with further scope to grow both the in-store and online side of the business.

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 · $120K
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

Priced like this one

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