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DealProspect/Listings/Retail

Newsagency & TattsLotto, Elmore

Convenience Store

ActiveRetailVictoriaB2C
Asking price
~$125,000
est. from headline + $25,000 stock · AUD
Revenue
Earnings (est.)
~$83,106
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Newsagency and TattsLotto business on Elmore's main road with customer parking.
  • Revenue from TattsLotto, newspapers, magazines, cards, stationery, tobacco and dry-cleaning.
  • Operated by the same owners for over 30 years.
  • Requires just one operator to run day-to-day.
  • Modern Tatts fit out; spacious premises with room to expand.
  • Freehold property also available for purchase.

Convenience stores in Victoria

All 59
Listed
59
+5 in 30 days
Median asking
$198K
37 priced
Median revenue
$572K
38 disclose
Earnings multiple
2.5×
130 listings
Time listed
28d
10 tracked
Price drops
1
in 30 days
Asking price spread37 of 59 state a price
This listing · $100K
22%
38%
27%
11%
3%
Under $100K$1M–$2.5M

Queensland 20 · Western Australia 10 · Auckland 9

Cafes 494 · Takeaways 404 · Restaurants 327 · General retail businesses 196 · Supermarkets 69 · Automotive workshops 66