Asian Supermarket – Southbank

Asian Supermarket – Southbank — Retail · Southbank · Asking $580,000 · Revenue $1,144,000

An Asian grocery and supermarket in Southbank on a long lease with modest rent, in a high-traffic location. Straightforward to operate with room to grow further.

DealProspect/Listings/Retail

Asian Supermarket – Southbank

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$580,000

Disclosed · AUD

Revenue

$1,144,000

TTM

Earnings (est.)

~$130,416

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~4.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

An Asian grocery and supermarket in Southbank on a long lease with modest rent, in a high-traffic location. Straightforward to operate with room to grow further.

Supermarkets in Victoria

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Listed

109

+26 in 30 days

Median asking

$380K

95 priced

Median revenue

$1.7M

99 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread95 of 109 state a price

This listing · $580K

14%

39%

26%

Under $100K$2.5M–$5M

Australia 191 · Queensland 34 · New South Wales 23 · Western Australia 8

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

Priced like this one

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