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DealProspect/Listings/Retail

Convenience Store - Wheelers Hill

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$90,000
Disclosed · AUD
Revenue
$312,000
TTM
Earnings (est.)
~$59,436
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A convenience store near a school in Wheelers Hill, trading from large premises on a fresh lease with low rent. Attached residential bedrooms are in good condition, and the business has traded steadily for two decades.

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 · $90K
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