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DealProspect/Listings/Retail

Fruit & Veg Grocer - Burraneer

Greengrocer

ActiveRetailNew South WalesB2C
Asking price
Revenue
$874,545
TTM
Net Profit
$175,552
Implied multiple (assumed)

Brief

• Established neighbourhood fresh produce and convenience grocery store in an affluent South Sydney suburb. • Strong gross margins driven by fruit, vegetables, bread, milk, flowers and everyday grocery lines. • Loyal local customer base with frequent repeat trade. • Secure lease to 2029 with a further five-year option. • Access to an established wholesale fruit and vegetable supply arrangement available to the buyer.

Listed
14
active
Median asking
$304K
12 priced
Median revenue
$1.7M
14 disclose
Earnings multiple
2.4×
192 listings
Price drops
2
in 30 days
Asking price spread12 of 14 state a price
This listing · $150K
33%
25%
17%
17%
Under $100K$1M–$2.5M

Australia 64 · Victoria 45

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44

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