Asian Grocery Store in Narre Warren

Asian Grocery Store in Narre Warren — Retail · Narre Warren, Victoria · Asking $89,000 · Revenue $1,196,000

Well-established Asian grocery shop in a bustling Narre Warren shopping centre next to a major supermarket Recently renovated and fully equipped, with no further investment needed Loyal customer base and a full liquor license Fully staffed, straightforward operation with strong profitability

DealProspect/Listings/Retail

Asian Grocery Store in Narre Warren

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$89,000

Disclosed · AUD

Revenue

$1,196,000

TTM

Earnings (est.)

~$90,503

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established Asian grocery shop in a bustling Narre Warren shopping centre next to a major supermarket
Recently renovated and fully equipped, with no further investment needed
Loyal customer base and a full liquor license
Fully staffed, straightforward operation with strong profitability

Convenience stores in Victoria

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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 · $89K

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

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