Licensed Supermarket / Convenience Store, North Melbourne

Licensed Supermarket / Convenience Store, North Melbourne — Retail · North Melbourne · Asking $298,000 · Revenue $650,000

Long-established grocery store in a residential pocket of North Melbourne near a school and hospital, trading seven days with a secure long lease and extra vacant space upstairs and next door.

DealProspect/Listings/Retail

Licensed Supermarket / Convenience Store, North Melbourne

Supermarket

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$298,000

Disclosed · plus stock · AUD

Revenue

$650,000

TTM

Earnings (est.)

~$172,480

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple

n/a

Stock is extra · value not stated

Brief

Long-established grocery store in a residential pocket of North Melbourne near a school and hospital, trading seven days with a secure long lease and extra vacant space upstairs and next door.

Supermarkets in Victoria

Supermarkets for sale in Victoria (68) →

Listed

+8 in 30 days

Median asking

$399K

53 priced

Median revenue

$1.8M

60 disclose

Earnings multiple

2.4×

195 listings

Price drops

in 30 days

Asking price spread53 of 68 state a price

This listing · $298K

11%

47%

19%

13%

Under $100K$2.5M–$5M

Australia 154 · Queensland 33 · New South Wales 29 · Western Australia 10

Cafes 436 · Takeaways 316 · Restaurants 247 · General retail businesses 70 · Newsagencies 69 · Bars 58

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