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DealProspect/Listings/Retail

Convenience Store – Mernda

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$188,000
Disclosed · plus stock · AUD
Revenue
$468,000
TTM
Earnings (est.)
~$111,600
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Convenience store in a prime Mernda location with strong weekly takings.
  • Stocks a broad range including herbs, spices, nuts, groceries and dairy.
  • Secure lease with roughly seven years remaining from an April 2023 start.
  • Straightforward operating model suited to an owner-operator or couple.
  • Serves a broad local customer base.
Listed
141
+21 in 30 days
Median asking
$168K
139 priced
Median revenue
$624K
134 disclose
Earnings multiple
2.3×
227 listings
Price drops
1
in 30 days
Asking price spread139 of 141 state a price
This listing · $188K
31%
39%
21%
3%
Under $100K$1M–$2.5M

Australia 166 · Queensland 12

Restaurants 1022 · Takeaways 941 · Cafes 895 · Liquor stores 148 · General retail businesses 129 · Bakeries 126