Premium Gift, Home Decor & Lottery Retailer, Melbourne VIC
Gift Shop
ActiveRetailVictoriaB2C
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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Where this asking price sits against similar businesses for sale.
Gift shops in Victoria
Gift shops for sale in Victoria (13) →Listed
13
+2 in 30 days
Median asking
$149K
12 priced
Median revenue
$676K
5 disclose
Earnings multiple
2.4×
192 listings
Asking price spread12 of 13 state a price
This listing · $2.9M
8%
Under $100K$2.5M–$5M
Australia 30
Cafes 441 · Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67
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