Halal Butcher & Supermarket, Dandenong

Halal Butcher & Supermarket, Dandenong — Retail · Dandenong, Melbourne · Asking $360,000 + Stock · Revenue $2,150,000

Halal meat, poultry, grocery and fruit and vegetable store in south-east Melbourne with no liquor or tobacco Stable business of more than ten years with a wide frontage, parking and easy delivery access Rent and outgoings are reported at under 4% of takings Long secured lease and full training offered; price is described as negotiable

DealProspect/Listings/Retail

Halal Butcher & Supermarket, Dandenong

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$2,150,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Halal meat, poultry, grocery and fruit and vegetable store in south-east Melbourne with no liquor or tobacco
Stable business of more than ten years with a wide frontage, parking and easy delivery access
Rent and outgoings are reported at under 4% of takings
Long secured lease and full training offered; price is described as negotiable

How it compares

Supermarkets in Victoria · asking prices

38% below supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $2,150,000 revenue, that points to about $580,000; reads like this are typically within 30%, so $406,000 to $754,000. It asks $360,000.

Asking price: $360,00020% below the median of $450,000
Revenue: $2,150,000median is $2,000,000
Revenue multiple: 0.17×0.27× across the market; higher than 5 of 44
Time listed: 35 daysprice cut 18%, from $440,000

Supermarkets in Victoria

Supermarkets for sale in Victoria (69) →

Listed

+5 in 30 days

Median asking

$450K

53 priced

Median revenue

$2M

59 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $360K

47%

21%

13%

Under $100K$2.5M–$5M

Australia 156 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 442 · Takeaways 314 · Restaurants 238 · General retail businesses 67 · Newsagencies 67 · Bars 60

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