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DealProspect/Listings/Retail

Mill Park Milk Bar & Convenience Store

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$198,000
Disclosed · plus stock · AUD
Revenue
$754,000
TTM
Earnings (est.)
~$141,187
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple
n/a
Stock is extra · value not stated

Brief

A long-established milk bar and convenience store in the Mill Park residential area, trading seven days a week with no nearby competition. The sale includes a three-bedroom residence at the rear of the shop on a new lease, making this a low-overhead opportunity suited to a first-time owner or couple.

Listed
29
+3 in 30 days
Median asking
$190K
27 priced
Median revenue
$598K
22 disclose
Earnings multiple
2.5×
198 listings
Price drops
1
in 30 days
Asking price spread27 of 29 state a price
This listing · $198K
33%
33%
19%
11%
4%
Under $100K$1M–$2.5M

Australia 55 · Queensland 14

Cafes 429 · Takeaways 314 · Restaurants 245 · General retail businesses 71 · Newsagencies 67 · Supermarkets 64