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DealProspect/Listings/Retail

Lotto & Grocery Store

Convenience Store

ActiveRetailB2C
Asking price
$198,000 + stock
Disclosed · AUD
Revenue
$242,104
TTM
Earnings (est.)
~$87,383
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Northern suburbs retail precinct
  • Long established business with two income streams
  • Sells Lotto, Indian groceries, fruit and vegetables
  • Trading 6 days (9-7), closed Sunday
  • Low overheads operation
  • Opportunity to expand or change the stock offering
  • Loyal customer base
  • Trial on offer to verify takings

Convenience stores in Victoria

All 139
Listed
139
+20 in 30 days
Median asking
$168K
137 priced
Median revenue
$624K
132 disclose
Earnings multiple
2.4×
205 listings
Price drops
1
in 30 days
Asking price spread137 of 139 state a price
This listing · $198K
31%
39%
21%
3%
Under $100K$1M–$2.5M

Australia 162 · Queensland 12

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · General retail businesses 127 · Bakeries 126