Newsagency and Lottery Outlet, Western Suburbs

Newsagency and Lottery Outlet, Western Suburbs — Retail · Point Cook · Asking $850,000 · Revenue $600,000

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

DealProspect/Listings/Retail

Newsagency and Lottery Outlet, Western Suburbs

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$850,000

Disclosed · AUD

Revenue

$600,000

TTM

Earnings (est.)

Implied multiple (assumed)

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

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How long it has been for sale

How it compares

Newsagencies in Victoria · asking prices

44% above bigger newsagencies here

Bigger newsagencies here ask a median 0.99× revenue. On its $600,000 revenue, that points to about $591,000; reads like this are typically within 30%, so $414,000 to $768,000. It asks $850,000.

Asking price: $850,0002.2 times the median of $385,000
Revenue: $600,000median is $340,000
Revenue multiple: 1.42×1.42× 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 · $850K

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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