Croydon Lottery & Newsagency

Croydon Lottery & Newsagency — Retail · Croydon · Asking $420,000 · Revenue $1,248,000

Well-established lottery retailer (Tattslotto & Subnews) in a busy shopping strip with huge foot traffic Large shop premises with low rent and a long secure 15-year lease Plenty of parking, open 6 days a week Stable, high-income business suited to family or partnership operators

DealProspect/Listings/Retail

Croydon Lottery & Newsagency

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$420,000

Disclosed · AUD

Revenue

$1,248,000

TTM

Earnings (est.)

~$128,669

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.3×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

• Well-established lottery retailer (Tattslotto & Subnews) in a busy shopping strip with huge foot traffic • Large shop premises with low rent and a long secure 15-year lease • Plenty of parking, open 6 days a week • Stable, high-income business suited to family or partnership operators

Newsagencies in Victoria

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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 · $420K

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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