Convenience Store -- North Melbourne

Convenience Store -- North Melbourne — Retail · North Melbourne · Asking $150,000 · Revenue $364,000

A convenience store and milk bar in a busy North Melbourne location, with very low occupancy costs on a newly renewed lease. Established for a decade, it has built up a loyal customer base.

DealProspect/Listings/Retail

Convenience Store -- North Melbourne

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue

$364,000

TTM

Earnings (est.)

~$69,342

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

A convenience store and milk bar in a busy North Melbourne location, with very low occupancy costs on a newly renewed lease. Established for a decade, it has built up a loyal customer base.

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×

186 listings

Price drops

in 30 days

Asking price spread137 of 141 state a price

This listing · $150K

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 →