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DealProspect/Listings/Retail

Milk Bar — Nunawading

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$9,000
Disclosed · AUD
Revenue
$208,000
TTM
Earnings (est.)
~$39,624
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A milk bar in Melbourne's eastern suburbs (Nunawading) that has traded for around three decades from a main road location. The rent is low and includes a three-bedroom residence, the lease runs for close to a decade, and the business is described as stable and simple 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×
186 listings
Price drops
1
in 30 days
Asking price spread137 of 141 state a price
This listing · $9K
30%
39%
22%
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