Grocery & Convenience Store - Glenroy, VIC

Grocery & Convenience Store - Glenroy, VIC — Retail · Glenroy, Melbourne · Asking $60,000 + Stock · Revenue $494,000

Long-standing grocery and convenience store in a busy multicultural suburb of Melbourne's north Long-term lease with 10-year term plus a 5-year option Additional income from Western Union and MoneyGram money transfer services All refrigeration, freezers, POS terminals and fixtures owned and included

DealProspect/Listings/Retail

Grocery & Convenience Store - Glenroy, VIC

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$60,000 + stock

Disclosed · AUD

Revenue

$494,000

TTM

Earnings (est.)

~$57,096

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

Implied multiple

n/a

Stock is extra · value not stated

Brief

Long-standing grocery and convenience store in a busy multicultural suburb of Melbourne's north
Long-term lease with 10-year term plus a 5-year option
Additional income from Western Union and MoneyGram money transfer services
All refrigeration, freezers, POS terminals and fixtures owned and included

Convenience stores in Victoria

Convenience stores for sale in Victoria (28) →

Listed

+4 in 30 days

Median asking

$190K

25 priced

Median revenue

$572K

21 disclose

Earnings multiple

2.4×

190 listings

Price drops

in 30 days

Asking price spread25 of 28 state a price

This listing · $60K

36%

24%

12%

Under $100K$1M–$2.5M

Australia 56 · Queensland 14

Cafes 441 · Takeaways 316 · Restaurants 248 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67

Get new convenience stores in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Convenience stores for sale in Victoria (28) →