Lotto and News Agency, Shopping Centre

Lotto and News Agency, Shopping Centre — Retail · Victoria · Asking $595,000 + Stock · Revenue $435,448

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

DealProspect/Listings/Retail

Lotto and News Agency, Shopping Centre

Newsagency

ActiveRetailB2C

Find funding for this deal →View original listing ↗

Asking price

$595,000 + stock

Disclosed · AUD

Revenue

$435,448

TTM

Earnings (est.)

~$159,230

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple

n/a

Stock is extra · value not stated

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

Newsagencies in Victoria

All 88 →

Listed

+14 in 30 days

Median asking

$330K

86 priced

Median revenue

$780K

71 disclose

Earnings multiple

2.4×

205 listings

Price drops

in 30 days

Asking price spread86 of 88 state a price

This listing · $595K

36%

35%

26%

Under $100K$500K–$1M

Australia 118 · New South Wales 16

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · General retail businesses 127

Priced like this one

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