Lotto and News Agency, Shopping Centre

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

Disclosed · AUD

Revenue

$435,448

TTM

Earnings (est.)

~$90,704

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~6.6×

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

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 · $595K

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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