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DealProspect/Listings/Retail

Greengrocer – Ormond

Greengrocer

ActiveRetailVictoriaB2C
Asking price
$480,000
Disclosed · AUD
Revenue
$2,340,000
TTM
Earnings (est.)
~$337,428
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-equipped fruit and vegetable business on a busy Ormond main road, with a large cool room and its own delivery truck. New nine-year lease with low rent, straightforward to operate and facing little direct competition.

Greengrocers in Victoria

All 72
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 · $480K
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