Indian Grocery Store, Sunbury

Indian Grocery Store, Sunbury — Retail · Sunbury · Asking $80,000+ · Revenue $364,000

Indian grocery store in a busy Sunbury retail precinct, set up in 2022 Sells frozen food and grocery products; no deli or fresh produce Large double-fronted shop of approximately 225sqm with a class 2 food preparation permit Option to divide the shop into grocery and takeaway Trades 7 days with a regular customer base Simple operation suited to a first-time buyer or couple

DealProspect/Listings/Retail

Indian Grocery Store, Sunbury

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$80,000+

Disclosed · AUD

Revenue

$364,000

TTM

Earnings (est.)

~$69,342

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Indian grocery store in a busy Sunbury retail precinct, set up in 2022
Sells frozen food and grocery products; no deli or fresh produce
Large double-fronted shop of approximately 225sqm with a class 2 food preparation permit
Option to divide the shop into grocery and takeaway
Trades 7 days with a regular customer base
Simple operation suited to a first-time buyer or couple

Convenience stores in Victoria

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Listed

141

+20 in 30 days

Median asking

$168K

137 priced

Median revenue

$624K

130 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread137 of 141 state a price

This listing · $80K

30%

39%

22%

Under $100K$1M–$2.5M

Australia 165 · Queensland 12

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Bakeries 127 · General retail businesses 125

Priced like this one

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