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.)

~$151,226

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.1×

Assumed · asking ÷ estimated earnings (as advertised)

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

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 · $468K

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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