News & Lotto Agency, Melbourne
Convenience Store
ActiveRetailVictoriaB2C
Asking price
$470,000
Disclosed · AUD
Revenue
$196,000
TTM
Earnings (est.)
~$29,400
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~16.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Newsagency with Tatts/lotto terminal plus general shop sales
- All high gross margin items
- Shopping centre lease in a prominent location, close to Chirnside Park
- Trades 6 days per week, closed Sundays
- Run as a single-person operation
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