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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 140 →
Listed
140
+21 in 30 days
Median asking
$168K
138 priced
Median revenue
$624K
131 disclose
Earnings multiple
2.4×
200 listings
Price drops
1
in 30 days
Asking price spread138 of 140 state a price
This listing · $250K
30%
39%
22%
3%
Under $100K$1M–$2.5M

Australia 162 · Queensland 11

Restaurants 1020 · Takeaways 927 · Cafes 889 · Liquor stores 145 · Bakeries 127 · General retail businesses 126

Priced like this one

All 140 →