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DealProspect/Listings/Retail

Asian Grocery Store – Carnegie

Convenience Store

ActiveRetailVictoria
Asking price
$160,000
Disclosed · AUD
Revenue
$624,000
TTM
Earnings (est.)
~$118,872
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-established Asian grocery store in Carnegie, set in a busy shopping strip with heavy foot traffic. The business has been trading for seventeen years, is easy to operate day to day, and the vendor is selling for personal reasons, leaving room for a new owner to grow takings further.

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×
186 listings
Price drops
1
in 30 days
Asking price spread137 of 141 state a price
This listing · $160K
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

All 141 →