Tattslotto and Sub Newsagency - Glen Iris

Tattslotto and Sub Newsagency - Glen Iris — Retail · Glen Iris, Melbourne · Asking $149,000

Tattslotto agency and sub newsagency on a main road in Glen Iris, eastern Melbourne Single-operator business, trading six days a week Product range includes lottery products, newspapers, cigarettes and dry cleaning drop-off Two secure car spaces on lease for vendor/staff Owner selling due to family commitments

DealProspect/Listings/Retail

Tattslotto and Sub Newsagency - Glen Iris

Newsagency

ActiveRetailVictoriaB2C

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Asking price

$149,000

Disclosed · plus stock · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

Brief

Tattslotto agency and sub newsagency on a main road in Glen Iris, eastern Melbourne
Single-operator business, trading six days a week
Product range includes lottery products, newspapers, cigarettes and dry cleaning drop-off
Two secure car spaces on lease for vendor/staff
Owner selling due to family commitments

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How long it has been for sale

Newsagencies in Victoria

Newsagencies for sale in Victoria (69) →

Listed

+7 in 30 days

Median asking

$385K

67 priced

Median revenue

$340K

35 disclose

Earnings multiple

2.4×

185 listings

Price drops

in 30 days

Asking price spread67 of 69 state a price

This listing · $149K

25%

45%

27%

Under $100K$1M–$2.5M

Australia 107 · New South Wales 18 · Queensland 8

Cafes 437 · Takeaways 313 · Restaurants 237 · General retail businesses 66 · Supermarkets 66 · Manufacturing businesses 60

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