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DealProspect/Listings/Retail

Newsagency & TattsLotto, Elmore

Newsagency

ActiveRetailVictoriaB2C
Asking price
~$125,000
est. from headline + $25,000 stock · AUD
Revenue
Earnings (est.)
~$78,542
Estimated · comparable listings of this type and size
Typical multiple
~1.6×
comparable listings of this type and size

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.

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×
186 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $100K
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