Newsagency and Lottery Outlet, Western Suburbs
Newsagency
ActiveRetailB2C
Asking price
$850,000
Disclosed · AUD
Revenue
$600,000
TTM
Earnings (est.)
~$124,980
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~6.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Newsagency and lottery outlet in Melbourne's western suburbs
- Large shop with 3 terminals
- Excellent fitout with secure lease and good rent
- Same owner for many years
- Positioned as an improver opportunity
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 · $850K
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
All 84 →- Independent Grocery Business – WarragulSupermarket · Victoria · $990,000
- IGA Supermarket – Two Rocks, WASupermarket · Western Australia · $1,500,000
- Digital Dentistry Supply & Distribution Business – SydneyWholesale & Distribution · Sydney, NSW · $1,600,000
- Newsagency & Lottery Agency, BurwoodNewsagency · Victoria · $450,000
- Newsagency & Lottery Agency, ChadstoneNewsagency · Victoria · $330,000
- Butcher Shop Est. 1883 – BurwoodButchery · Burwood, Sydney · $329,000