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DealProspect/Listings/Retail

Fruit & Veg - Ormond

Greengrocer

ActiveRetailVictoriaB2C
Asking price
$490,000
Disclosed · AUD
Revenue
$2,340,000
TTM
Earnings (est.)
~$337,428
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A large fruit and vegetable store in a well-regarded south-eastern Melbourne suburb, benefiting from heavy foot traffic and sizeable retail premises. Trading under a long lease with low rent, the business has been operating for fifteen years and is described by the seller as highly profitable.

Greengrocers in Victoria

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Listed
72
+6 in 30 days
Median asking
$397K
68 priced
Median revenue
$2.3M
66 disclose
Earnings multiple
2.3×
186 listings
Price drops
1
in 30 days
Asking price spread68 of 72 state a price
This listing · $490K
10%
25%
28%
21%
12%
4%
Under $100K$2.5M–$5M

Australia 90 · New South Wales 12

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

All 72 →