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DealProspect/Listings/Retail

Convenience Store – Mill Park

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$170,000
Disclosed · AUD
Revenue
$676,000
TTM
Earnings (est.)
~$120,247
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-established convenience store in a handy Mill Park location next to a school, kindergarten and sports centre. The site includes residential space upstairs, secure long-term lease terms and dedicated owner parking, making it a straightforward business to manage day to day.

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×
185 listings
Price drops
1
in 30 days
Asking price spread137 of 141 state a price
This listing · $170K
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