Indian & Sri Lankan Grocery Store
Convenience Store
ActiveRetailVictoriaB2C
Asking price
$98,000
Disclosed · AUD
Revenue
$520,000-$624,000
TTM
Earnings (est.)
~$78,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Long established South Asian grocery store in prime Mill Park shopping centre location
- Close proximity to a major supermarket
- Trades 7 days, 9.30-8.00
- Low overheads operation
- Large 100 sqm site facing a large carpark with great exposure
- Extremely simple operation
- Operated by 2 owners, no staff required
- Room for improvement
- Vendor selling due to health issues
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