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DealProspect/Listings/Retail

Convenience Store & Indian Grocery in Sydenham

Convenience Store

ActiveRetailVictoriaB2C
Asking price
~$87,012
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$377,000
TTM
Earnings (est.)
~$57,850
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Established convenience store and Indian grocery
  • 12 years established with loyal regular customers
  • Potential to apply for Tatts Lotto
  • Additional income from ATM, coffee and cigarettes
  • Top location with no competition
  • CCTV and alarm system; two weeks trial offered