Tattslotto, Retail and Drycleaning Agency, Taylor Lakes

Tattslotto, Retail and Drycleaning Agency, Taylor Lakes — Retail · Taylor Lakes, VIC · Asking $448,000

Newsagency-style store in a busy Taylor Lakes shopping centre with a history of multiple Division 1 Tattslotto wins Combines Tattslotto commission, retail shop sales and a drycleaning agency commission High gross margins, does not stock tobacco 5+5 year lease from 2022 with outgoings included in rent Mostly a single-person operation, trading 6 days a week, closed Sundays

DealProspect/Listings/Retail

Tattslotto, Retail and Drycleaning Agency, Taylor Lakes

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$448,000

Disclosed · AUD

Revenue

—

Earnings (est.)

~$259,605

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Newsagency-style store in a busy Taylor Lakes shopping centre with a history of multiple Division 1 Tattslotto wins
Combines Tattslotto commission, retail shop sales and a drycleaning agency commission
High gross margins, does not stock tobacco
5+5 year lease from 2022 with outgoings included in rent
Mostly a single-person operation, trading 6 days a week, closed Sundays

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×

185 listings

Price drops

in 30 days

Asking price spread83 of 84 state a price

This listing · $448K

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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