Lotto Agency & Retail Shop, Melbourne

Lotto Agency & Retail Shop, Melbourne — Retail · Melbourne, VIC · Asking $385,000 · Revenue $215,000

Lotto agency and retail shop at the entrance of an upscale Melbourne shopping centre Fit-out already in place, no renovation needed Secure shopping-centre lease Vendor retiring after 10 years running it Simple day-to-day operations suited to a hands-on operator

DealProspect/Listings/Retail

Lotto Agency & Retail Shop, Melbourne

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$385,000

Disclosed · AUD

Revenue

$215,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Lotto agency and retail shop at the entrance of an upscale Melbourne shopping centre
Fit-out already in place, no renovation needed
Secure shopping-centre lease
Vendor retiring after 10 years running it
Simple day-to-day operations suited to a hands-on operator

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How long it has been for sale

How it compares

Newsagencies in Victoria · asking prices

In line with smaller newsagencies here

Smaller newsagencies here ask a median 1.64× revenue. On its $215,000 revenue, that points to about $352,000; reads like this are typically within 30%, so $246,000 to $458,000. It asks $385,000, inside that range.

Asking price: $385,000about the median of $385,000
Revenue: $215,000median is $340,000
Revenue multiple: 1.79×1.42× across the market; 0.99× for bigger ones, 1.64× for smaller
Time listed: 118 daysno price change

Newsagencies in Victoria

Newsagencies for sale in Victoria (69) →

Listed

+7 in 30 days

Median asking

$385K

67 priced

Median revenue

$340K

35 disclose

Earnings multiple

2.4×

185 listings

Price drops

in 30 days

Asking price spread67 of 69 state a price

This listing · $385K

25%

45%

27%

Under $100K$1M–$2.5M

Australia 107 · New South Wales 18 · Queensland 8

Cafes 437 · Takeaways 313 · Restaurants 237 · General retail businesses 66 · Supermarkets 66 · Manufacturing businesses 60

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