Convenience Store in Kew

Convenience Store in Kew — Retail · Kew, Victoria · Asking $66,000 · Revenue $312,000

Long-established convenience store on a busy Kew shopping strip next to a major retail outlet Spacious shop area with residential rooms upstairs included in the rent Run by the same owner for six years, trading five days a week Stable, easy to manage and priced to sell

DealProspect/Listings/Retail

Convenience Store in Kew

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$66,000

Disclosed · AUD

Revenue

$312,000

TTM

Earnings (est.)

~$49,864

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

Implied multiple (assumed)

~1.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established convenience store on a busy Kew shopping strip next to a major retail outlet
Spacious shop area with residential rooms upstairs included in the rent
Run by the same owner for six years, trading five days a week
Stable, easy to manage and priced to sell

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 · $66K

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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