Asian Grocery Store in Carnegie

Asian Grocery Store in Carnegie — Retail · Carnegie, Victoria · Asking $450,000 · Revenue $3,120,000

Long-established Asian grocery store in a busy Carnegie shopping centre Large retail space with near-new fit-out, storage rooms and a full liquor license Not part of a group sale; run by the same owner for close to a decade Highly profitable with further room to grow

DealProspect/Listings/Retail

Asian Grocery Store in Carnegie

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$450,000

Disclosed · AUD

Revenue

$3,120,000

TTM

Earnings (est.)

~$317,242

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established Asian grocery store in a busy Carnegie shopping centre
Large retail space with near-new fit-out, storage rooms and a full liquor license
Not part of a group sale; run by the same owner for close to a decade
Highly profitable with further room to grow

Convenience stores in Victoria

All 153 →

Listed

153

+33 in 30 days

Median asking

$165K

151 priced

Median revenue

$624K

146 disclose

Earnings multiple

2.4×

204 listings

Price drops

in 30 days

Asking price spread151 of 153 state a price

This listing · $450K

32%

38%

22%

Under $100K$1M–$2.5M

Australia 177 · Queensland 13

Restaurants 1069 · Takeaways 1003 · Cafes 962 · Liquor stores 156 · Bakeries 133 · General retail businesses 128

Priced like this one

All 153 →