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DealProspect/Listings/Retail

Lotto Outlet - Melbourne

Newsagency

ActiveRetailB2C
Asking price
$368,000
Disclosed · AUD
Revenue
$225,000
TTM
Earnings (est.)
Implied multiple (assumed)

Brief

  • Lottery retail outlet in a busy inner-western Melbourne shopping precinct
  • First time offered for sale in 17 years
  • Multiple Division 1 winning tickets sold from the outlet
  • Operates under management with two lottery terminals
  • Long-term lease with 10 years remaining
  • Opportunity to add further retail product lines
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  • An email if this price drops
  • How long it has been for sale
Listed
69
+7 in 30 days
Median asking
$385K
67 priced
Median revenue
$340K
35 disclose
Earnings multiple
2.4×
185 listings
Price drops
4
in 30 days
Asking price spread67 of 69 state a price
This listing · $368K
25%
45%
27%
1%
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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