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DealProspect/Listings/Retail

Asian Grocery Store – Melbourne

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$600,000
Disclosed · AUD
Revenue
$3,640,000
TTM
Earnings (est.)
~$409,500
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A large-format Asian grocery store in a high-traffic Melbourne location with strong pedestrian flow. Currently run fully under management on a long-term lease, the business has traded under the same owner for over a decade and offers a straightforward handover.

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 · $600K
30%
39%
22%
6%
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