Lotto & Newsagency - Melbourne

Lotto & Newsagency - Melbourne — Retail · Victoria · Asking $468,000 · Revenue $726,000

Lottery and newsagency business positioned at the entrance of a shopping centre in Melbourne's northern suburbs Trades 6 days a week, closed Sundays, under management Very high gross margins, no tobacco sold Opportunity to add further income streams Full franchisor training and support provided

DealProspect/Listings/Retail

Lotto & Newsagency - Melbourne

Newsagency

ActiveRetailB2C

Find funding for this deal →View original listing ↗

Asking price

$468,000

Disclosed · AUD

Revenue

$726,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Lottery and newsagency business positioned at the entrance of a shopping centre in Melbourne's northern suburbs
Trades 6 days a week, closed Sundays, under management
Very high gross margins, no tobacco sold
Opportunity to add further income streams
Full franchisor training and support provided

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How it compares

Newsagencies in Victoria · asking prices

35% below bigger newsagencies here

Bigger newsagencies here ask a median 0.99× revenue. On its $726,000 revenue, that points to about $715,000; reads like this are typically within 30%, so $500,000 to $930,000. It asks $468,000.

Asking price: $468,00022% above the median of $385,000
Revenue: $726,000median is $340,000
Revenue multiple: 0.64×1.42× across the market; 0.99× for bigger ones, 1.64× for smaller
Time listed: 117 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 · $468K

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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