Gourmet Supermarket, Parkdale

Gourmet Supermarket, Parkdale — Retail · Parkdale · Asking $600,000 · Revenue $650,000

Established gourmet supermarket in Parkdale offering fresh produce, specialty foods and a deli range. Also sells fresh juices, smoothies and made-to-order grazing platters. Substantial fit-out and equipment already in place, on a long-term lease with renewal options. Broker sees scope to grow sales through marketing and an expanded range.

DealProspect/Listings/Retail

Gourmet Supermarket, Parkdale

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$650,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Established gourmet supermarket in Parkdale offering fresh produce, specialty foods and a deli range.
Also sells fresh juices, smoothies and made-to-order grazing platters.
Substantial fit-out and equipment already in place, on a long-term lease with renewal options.
Broker sees scope to grow sales through marketing and an expanded range.

How it compares

Supermarkets in Victoria · asking prices

243% above supermarkets here

Supermarkets here ask a median 0.27× revenue. On its $650,000 revenue, that points to about $175,000; reads like this are typically within 30%, so $122,000 to $228,000. It asks $600,000.

Asking price: $600,00033% above the median of $450,000
Revenue: $650,000median is $2,000,000
Revenue multiple: 0.92×0.27× across the market; higher than 43 of 44
Time listed: 13 daysrecently listed

Supermarkets in Victoria

Supermarkets for sale in Victoria (69) →

Listed

+5 in 30 days

Median asking

$450K

53 priced

Median revenue

$2M

59 disclose

Earnings multiple

2.4×

192 listings

Price drops

in 30 days

Asking price spread53 of 69 state a price

This listing · $600K

47%

21%

13%

Under $100K$2.5M–$5M

Australia 157 · Queensland 33 · New South Wales 30 · Western Australia 10

Cafes 441 · Takeaways 314 · Restaurants 247 · General retail businesses 67 · Newsagencies 67 · Manufacturing businesses 60

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