Marketplace · Belgium
Retail (non-food) businesses in Antwerp typically transact at 2.5x-4.0x EV/EBITDA, with a sector median of 3.2x in Belgium. Belgium's second city and largest port-cluster economy.
Antwerp (population ~530,000, Antwerp Province) anchors retail (non-food) transactions at a 3.2x EV/EBITDA median, with most defensible deals landing between 2.5x (conservative) and 4.0x (strong recurring revenue). Belgium's second city and largest port-cluster economy. Logistics, chemicals, diamond and fashion SMEs dominate; strong cross-border deal flow with Dutch buyers and family-business succession volume.
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Browse all listingsFor a retail (non-food) SME in Antwerp with normalised EBITDA above €200k, expect the headline price to anchor on a 3.2x EV/EBITDA multiple, with a working-capital peg, 5-15% escrow, and (in 35-45% of deals) an earn-out tied to year-one EBITDA or customer retention. Cross-border buyer interest from Dutch acquirers is consistently elevated.
Belgium's second city and largest port-cluster economy. Logistics, chemicals, diamond and fashion SMEs dominate; strong cross-border deal flow with Dutch buyers and family-business succession volume. For retail (non-food) specifically, Antwerp's buyer pool typically includes regional family businesses, Benelux-wide strategic acquirers, and (for deals above ~€2m EV) PE-backed roll-up platforms.