FoodWorks Convenience Store - Beaumaris

FoodWorks Convenience Store - Beaumaris — Retail · Beaumaris · Asking $250,000

Well-presented FoodWorks-branded convenience store with double street frontage Packaged liquor licence until 10.30pm 15 years remaining on a 5+5+5 year lease Operated under management for about eight years, owners now running it themselves Scope to add flowers, lottery, home delivery and other revenue lines

DealProspect/Listings/Retail

FoodWorks Convenience Store - Beaumaris

Convenience Store

ActiveRetailVictoriaB2C

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Asking price

Revenue (est.)

Earnings (est.)

Typical multiple

Brief

Well-presented FoodWorks-branded convenience store with double street frontage
Packaged liquor licence until 10.30pm
15 years remaining on a 5+5+5 year lease
Operated under management for about eight years, owners now running it themselves
Scope to add flowers, lottery, home delivery and other revenue lines

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Convenience stores in Victoria

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Listed

+3 in 30 days

Median asking

$190K

25 priced

Median revenue

$572K

21 disclose

Earnings multiple

2.4×

185 listings

Asking price spread25 of 28 state a price

This listing · $250K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 55 · Queensland 14

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