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DealProspect/Listings/Retail

Milk Bar with Residential Rooms, Boronia

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$150,000
Disclosed · AUD
Revenue
$572,000
TTM
Earnings (est.)
~$105,859
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A long-established milk bar close to shops in Boronia, with low rent and two residential rooms included for added value. Stable and easy to run, suited to new or experienced owner-operators. The vendor is selling due to retirement.

How it compares

Convenience stores in Victoria · asking prices
In line with convenience stores here

Convenience stores here ask a median 0.26× revenue. On its $572,000 revenue, that points to about $147,000; reads like this are typically within 30%, so $103,000 to $191,000. It asks $150,000, inside that range.

Asking price
$150,000about the median of $166,500
Revenue
$572,000median is $624,000
Revenue multiple
0.26×0.26× across the market; higher than 72 of 134
Time listed
0 daysrecently listed
Listed
142
+20 in 30 days
Median asking
$167K
140 priced
Median revenue
$624K
134 disclose
Earnings multiple
2.2×
228 listings
Price drops
3
in 30 days
Asking price spread140 of 142 state a price
This listing · $150K
31%
39%
21%
3%
Under $100K$1M–$2.5M

Australia 170 · Queensland 15

Restaurants 1025 · Takeaways 943 · Cafes 901 · Liquor stores 149 · General retail businesses 127 · Bakeries 126