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DealProspect/Listings/Retail

Asian Grocery Store – Richmond

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$135,000
Disclosed · AUD
Revenue
$728,000
TTM
Earnings (est.)
~$107,865
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

An established Asian grocery store in a busy Richmond street stocking a wide range of quality groceries. Very low rent on a long lease, the same owner for over twenty years, and a stable customer base with room to grow further.

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 · $135K
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

Priced like this one

All 141 →