Convenience Store with Gold Lotto & Tobacconist

Convenience Store with Gold Lotto & Tobacconist — Retail · Queensland · Net Profit $400,000+

Well-established convenience store with Gold Lotto and tobacconist offering, run by the same owner for 33 years Managed by staff, with the owner working approximately 20 hours per week Trades 6 days, closed Sundays with scope to open Owner states net profit for this financial year is expected to exceed $400,000 under management Fully renovated a few years ago at a cost of approximately $500,000…

DealProspect/Listings/Retail

Convenience Store with Gold Lotto & Tobacconist

Convenience Store

ActiveRetailB2C

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Asking price

~$612,840

est. from comparable listings of this type and size · typically within ±20% · AUD

Revenue (est.)

~$2,911,208

Estimated · comparable listings of this type and size

Net Profit

$400,000+

Implied multiple (assumed)

~1.5×

Assumed · comparable listings of this type and size · typically within ±20%

Brief

Well-established convenience store with Gold Lotto and tobacconist offering, run by the same owner for 33 years
Managed by staff, with the owner working approximately 20 hours per week
Trades 6 days, closed Sundays with scope to open
Owner states net profit for this financial year is expected to exceed $400,000 under management
Fully renovated a few years ago at a cost of approximately $500,000
Main road location with on-site parking for 8 cars plus street parking

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