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DealProspect/Listings/Retail

Asian Grocery & Convenience Store, Carlton

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$180,000
Disclosed · AUD
Revenue
$936,000
TTM
Earnings (est.)
~$182,707
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.0×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-established Asian grocery and convenience store in Carlton, close to Melbourne University and benefiting from heavy student and local foot traffic. The same owner has run it for ten years, building a solid reputation and a loyal customer following. The business is simple to operate and suits either a new or experienced owner-operator, backed by a fifteen-year lease.

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 · $180K
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