Lotto Outlet - Melbourne

Lotto Outlet - Melbourne — Retail · Victoria · Asking $368,000 · Revenue $225,000

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

DealProspect/Listings/Retail

Lotto Outlet - Melbourne

Newsagency

ActiveRetailB2C

Find funding for this deal →View original listing ↗

Asking price

$368,000

Disclosed · AUD

Revenue

$225,000

TTM

Earnings (est.)

~$46,868

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~7.9×

Assumed · asking ÷ estimated earnings (as advertised)

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

Newsagencies in Victoria

All 84 →

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 · $368K

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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