Tattslotto, Retail and Drycleaning Agency, Taylor Lakes

Tattslotto, Retail and Drycleaning Agency, Taylor Lakes — Retail · Taylors Lakes · Asking $448,000 · Revenue $352,000

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

$352,000

TTM

Earnings (est.)

Implied multiple (assumed)

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

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How it compares

Newsagencies in Victoria · asking prices

In line with bigger newsagencies here

Bigger newsagencies here ask a median 0.99× revenue. On its $352,000 revenue, that points to about $347,000; reads like this are typically within 30%, so $243,000 to $451,000. It asks $448,000, inside that range.

Asking price: $448,00016% above the median of $385,000
Revenue: $352,000median is $340,000
Revenue multiple: 1.27×1.42× 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 · $448K

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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