Newsagency & Lotto Outlet

Newsagency & Lotto Outlet — Retail · Surfers Paradise · Asking $150,000 + SAV · Revenue $2,580,000 · Net Profit $92,220

Established over 20 years in a Surfers Paradise shopping centre Approximately 50% of revenue driven by lotto sales stationery, gifts, magazines, Go Cards and parcel services Owner-operated with no staff and simple, proven systems

DealProspect/Listings/Retail

Newsagency & Lotto Outlet

Newsagency

ActiveRetailQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000 + stock

Disclosed · AUD

Revenue

$2,580,000

TTM

Net Profit

$92,220

Implied multiple

n/a

Stock is extra · value not stated

Brief

Established over 20 years in a Surfers Paradise shopping centre
Approximately 50% of revenue driven by lotto sales
stationery, gifts, magazines, Go Cards and parcel services
Owner-operated with no staff and simple, proven systems

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How long it has been for sale

Newsagencies in Queensland

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Listed

+2 in 30 days

Median asking

$220K

8 priced

Earnings multiple

2.4×

185 listings

Asking price spread8 of 8 state a price

This listing · $150K

13%

50%

38%

Under $100K$250K–$500K

Australia 107 · Victoria 69 · New South Wales 18

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