Bottle Shop – Elsternwick

Bottle Shop – Elsternwick — Retail · Elsternwick · Asking $350,000 · Revenue $520,000

A bottle shop in Elsternwick occupying a sizeable premises in a busy location, with a well set-up fitout and low rent on a long-term lease. The business is seen as having further room to grow.

DealProspect/Listings/Retail

Bottle Shop – Elsternwick

Liquor Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$350,000

Disclosed · AUD

Revenue

$520,000

TTM

Earnings (est.)

~$130,676

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

A bottle shop in Elsternwick occupying a sizeable premises in a busy location, with a well set-up fitout and low rent on a long-term lease. The business is seen as having further room to grow.

Liquor stores in Victoria

All 145 →

Listed

145

+20 in 30 days

Median asking

$254K

140 priced

Median revenue

$780K

137 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread140 of 145 state a price

This listing · $350K

11%

39%

36%

13%

Under $100K$1M–$2.5M

Australia 167 · New South Wales 10

Restaurants 1022 · Takeaways 927 · Cafes 885 · Convenience stores 141 · Bakeries 127 · General retail businesses 125

Priced like this one

All 145 →