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DealProspect/Listings/Retail

Convenience Store in Melbourne CBD

Convenience Store

ActiveRetailVictoriaB2C
Asking price
~$67,210
est. from comparable listings of this type and size · typically within ±30% · AUD
Revenue
$305,779
TTM
Earnings (est.)
~$59,415
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • High-profile convenience store on Collins Street in the Melbourne CBD
  • Permission to operate as a newsagency selling newspapers, magazines, stationery, travel cards, dry foods, drinks, cigarettes, flowers and dry cleaning service
  • Potential to run as newsagency and Tatts Lotto subject to landlord and council approval
  • Lettable area approx 50sqm
  • Trading Monday to Friday 8:00am to 6:00pm