Newsagency and Lotto Outlet - Niddrie/Essendon Area

Newsagency and Lotto Outlet - Niddrie/Essendon Area — Retail · Niddrie, VIC · Asking $185,000 · Revenue $340,000

Newsagency and lotto outlet in a prime high-street location Run fully under management No tobacco or related products sold High gross margin product lines Positioned as suitable for a first-time buyer

DealProspect/Listings/Retail

Newsagency and Lotto Outlet - Niddrie/Essendon Area

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$185,000

Disclosed · AUD

Revenue

$340,000

TTM

Earnings (est.)

~$70,822

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.6×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Newsagency and lotto outlet in a prime high-street location
Run fully under management
No tobacco or related products sold
High gross margin product lines
Positioned as suitable for a first-time buyer

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 · $185K

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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