Premium Gift, Home Decor & Lottery Retailer, Melbourne VIC
Gift Shop
ActiveRetailVictoriaB2C
Asking price
$2,885,000
Disclosed · AUD
Revenue
$2,000,000
TTM
Earnings (est.)
~$304,200
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~9.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Iconic premium gift, lifestyle, home decor and lottery retail business in Melbourne, VIC
- Trading for 95 years; offered for sale for only the second time
- Annual retail turnover $2,000,000; annual lottery commission $540,000+
- 50% gross margins on retail product
- Stock holding approximately $450,000
- Fully under professional management; trades 6 days (closed Sundays)
- 5 + 5 + 5 years
- Strong social media following and loyal customer base
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