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DealProspect/Listings/Retail

Lotto and News Agency, Shopping Centre

General Retail

ActiveRetailB2C
Asking price
$595,000+
Disclosed · AUD
Revenue
$435,448
TTM
Earnings (est.)
~$149,054
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~4.0×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Lotto, news and gift agency in a prime shopping centre anchored by Coles and Aldi with excellent foot traffic
  • Sells cards, gifts, magazines, stationery, myki cards and bill payments, with approval to sell cigarettes
  • Operated by two owners with no employees required, on a secure 7-year lease
  • Genuine vendors retiring after 10 years in operation, with a loyal, regular customer base

General retail businesses in Victoria

All 196
Listed
196
+23 in 30 days
Median asking
$298K
146 priced
Median revenue
$650K
115 disclose
Earnings multiple
2.5×
130 listings
Time listed
39d
50 tracked
Price drops
4
in 30 days
Asking price spread146 of 196 state a price
This listing · $595K
17%
27%
29%
23%
1%
Under $100KOver $5M

Queensland 142 · New South Wales 106 · Western Australia 35 · South Australia 28 · Auckland 22 · Waikato 9

Cafes 494 · Takeaways 404 · Restaurants 327 · Supermarkets 69 · Automotive workshops 66 · Manufacturing businesses 64