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DealProspect/Listings/Retail

Asian Grocery Store - South-Eastern Suburbs

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$250,000
Disclosed · AUD
Revenue (est.)
~$987,362
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$166,212
Estimated · comparable listings of this type and size · typically within ±25%
Typical multiple
~1.5×
comparable listings of this type and size · typically within ±25%

Brief

An Asian grocery store in Melbourne's south-eastern suburbs on a busy main road with heavy passing foot traffic. The large premises are easy to run and management sees considerable room to grow trade further, with the vendor open to offers for a quick sale.

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 · $250K
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 →