Milk Bar in Cheltenham
Convenience Store
ActiveRetailVictoriaB2C
Asking price
$55,000
Disclosed · AUD
Revenue
$312,000
TTM
Earnings (est.)
~$59,436
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A long-running milk bar in Cheltenham on a lengthy lease at very low rent, with residential rooms above the shop. The same owner has run the business for over two decades and describes it as easy to operate.
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 · $55K
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
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