Lottery Outlet and Sub Newsagency

Lottery Outlet and Sub Newsagency — Retail · New South Wales

Well-established lottery outlet and sub newsagency in a busy shopping strip Low rent with lease including a three-bedroom unit above the shop Three-bedroom unit currently leased, providing additional rental income ATM installed on the premises No direct competition with ample public parking nearby Revenue from greeting cards and gift accessories Potential to expand into high-end gifts

DealProspect/Listings/Retail

Lottery Outlet and Sub Newsagency

Newsagency

ActiveRetailB2C

Find funding for this deal →View original listing ↗

Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

—

Brief

Well-established lottery outlet and sub newsagency in a busy shopping strip
Low rent with lease including a three-bedroom unit above the shop
Three-bedroom unit currently leased, providing additional rental income
ATM installed on the premises
No direct competition with ample public parking nearby
Revenue from greeting cards and gift accessories
Potential to expand into high-end gifts

Newsagencies in New South Wales

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Listed

active

Median asking

$220K

13 priced

Earnings multiple

2.3×

186 listings

Price drops

in 30 days

Asking price spread13 of 14 state a price

31%

23%

46%

Under $100K$250K–$500K

Australia 111 · Victoria 84

Cafes 244 · Takeaways 112 · Restaurants 91 · Childcare centres 77 · Manufacturing businesses 49 · Wholesale and distribution businesses 45

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