Asian Grocery Store – Melbourne CBD

Asian Grocery Store – Melbourne CBD — Retail · Melbourne · Asking $65,000 · Revenue $780,000

An Asian grocery store in Melbourne's CBD benefiting from very heavy foot traffic and a spacious fitout. Established for a decade, it is straightforward to run day to day.

DealProspect/Listings/Retail

Asian Grocery Store – Melbourne CBD

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$65,000

Disclosed · AUD

Revenue

$780,000

TTM

Earnings (est.)

~$148,590

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

An Asian grocery store in Melbourne's CBD benefiting from very heavy foot traffic and a spacious fitout. Established for a decade, it is straightforward to run day to day.

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

in 30 days

Asking price spread137 of 141 state a price

This listing · $65K

30%

39%

22%

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 →