Milk Bar - South-Eastern Suburbs

Milk Bar - South-Eastern Suburbs — Retail · South-Eastern Suburbs · Asking $299,000 · Revenue $650,000

A milk bar in Melbourne's south-eastern suburbs with a residential upstairs consisting of three bedrooms, trading for more than forty years. Described as a very stable, easy-to-run business.

DealProspect/Listings/Retail

Milk Bar - South-Eastern Suburbs

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$299,000

Disclosed · AUD

Revenue

$650,000

TTM

Earnings (est.)

~$123,825

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

A milk bar in Melbourne's south-eastern suburbs with a residential upstairs consisting of three bedrooms, trading for more than forty years. Described as a very stable, easy-to-run business.

Convenience stores in Victoria

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Listed

141

+20 in 30 days

Median asking

$168K

137 priced

Median revenue

$624K

130 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread137 of 141 state a price

This listing · $299K

30%

39%

22%

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 →