Milk Bar & Convenience Store in Fitzroy North

Milk Bar & Convenience Store in Fitzroy North — Retail · Fitzroy North, Victoria · Asking $148,000 · Revenue $572,000

Well-established milk bar and convenience store on a prime Fitzroy North corner Heavy foot traffic and a long trading history under the same owner Strong local reputation built up over sixteen years Vendor selling due to retirement

DealProspect/Listings/Retail

Milk Bar & Convenience Store in Fitzroy North

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$148,000

Disclosed · AUD

Revenue

$572,000

TTM

Earnings (est.)

~$103,159

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

Implied multiple (assumed)

~1.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established milk bar and convenience store on a prime Fitzroy North corner
Heavy foot traffic and a long trading history under the same owner
Strong local reputation built up over sixteen years
Vendor selling due to retirement

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 · $148K

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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