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DealProspect/Listings/Retail

Tattslotto Agency & Newsagency, Glen Iris

Newsagency

ActiveRetailVictoriaB2C
Asking price
$149,000
Disclosed · AUD
Revenue
Earnings
Implied multiple

Brief

  • A Tattslotto agency and sub-newsagency located on a main road in Glen Iris, in Melbourne's eastern suburbs.
  • Product range includes Tattslotto and Tatts products, newspapers, cigarettes, cards, dry cleaning and party supplies
  • Currently operated by one owner
  • Trading Monday to Saturday, with varied hours across the week
  • Approximately 78 square metres, with two secure car spaces for vendor or staff
  • Located on a main road with high daily foot traffic and customer parking out front
  • Described as having an excellent fit-out, with nothing further needing to be spent
  • Offered with stock sold in addition to the price.

Newsagencies in Victoria

All 84
Listed
84
+13 in 30 days
Median asking
$330K
83 priced
Median revenue
$832K
68 disclose
Earnings multiple
2.3×
185 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $149K
35%
36%
25%
Under $100K$500K–$1M

Australia 111 · New South Wales 14

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127