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DealProspect/Listings/Retail

Newsagency & Tattslotto Business, Broadmeadows

Newsagency

ActiveRetailVictoriaB2C
Asking price
$375,000
Disclosed · AUD
Revenue
Earnings (est.)
~$217,303
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Newsagency and Tattslotto lottery business on a shopping strip in Melbourne's northern suburbs
  • Well-presented store with proven operating systems in place
  • Strong Lotto sales across multiple revenue streams
  • Favourable lease terms with a regular, established clientele
  • Open six days a week; full training provided, no experience necessary
  • Suited to a 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×
185 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $375K
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