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DealProspect/Listings/Retail

Asian Grocery & Liquor Store - Cranbourne

Convenience Store

ActiveRetailVictoria
Asking price
$188,000
Disclosed · AUD
Revenue
$520,000
TTM
Earnings (est.)
~$114,628
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Asian grocery and liquor outlet in a busy Cranbourne shopping strip, fitted with a cool room, freezer room and office and backed by solar panels to help with running costs. A long, secure lease and loyal local following support the business, which is being sold as the owner relocates interstate.

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
1
in 30 days
Asking price spread151 of 153 state a price
This listing · $188K
32%
38%
22%
3%
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 →