Newsagency and Tatts Outlet - Mornington

Newsagency and Tatts Outlet - Mornington — Retail · Mornington, VIC · Asking $790,000 · Revenue $350,000

Combined Tatts agency and newsagency selling magazines and books Same owner for 30 years Closes at 5pm Described as having significant growth potential

DealProspect/Listings/Retail

Newsagency and Tatts Outlet - Mornington

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$790,000

Disclosed · AUD

Revenue

$350,000

TTM

Earnings (est.)

~$65,905

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~12.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Combined Tatts agency and newsagency selling magazines and books
Same owner for 30 years
Closes at 5pm
Described as having significant growth potential

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 · $790K

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

All 84 →