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.)

~$44,290

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~8.7×

Assumed · asking ÷ estimated earnings (as advertised)

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

Newsagencies in Victoria

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Listed

+13 in 30 days

Median asking

$330K

83 priced

Median revenue

$832K

68 disclose

Earnings multiple

2.3×

186 listings

Price drops

in 30 days

Asking price spread83 of 84 state a price

This listing · $385K

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

Priced like this one

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