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DealProspect/Listings/Retail

Tattslotto Newsagency, Melbourne Western Suburbs

Newsagency

ActiveRetailVictoriaB2C
Asking price
$698,000
Disclosed · AUD
Revenue
$300,000
TTM
Earnings (est.)
~$62,490
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~11.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established Tattslotto and newsagency business in Melbourne's western suburbs.
  • Loyal, regular customer base with prominent street frontage and consistent foot and vehicle traffic.
  • Open six days per week with favourable long-term lease terms.
  • Simple, easy-to-operate model with comprehensive training provided.
  • Suited to an owner-operator, partnership or family business.

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 · $698K
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