Lotto & Convenience Business, Bentleigh East

Lotto & Convenience Business, Bentleigh East — Retail · Bentleigh East, Melbourne · Asking $248,000 · Revenue $140,000

TattsLotto agency on East Boundary Road with high tradie and general passing traffic. Multiple income streams including lotto commission, gift sales, money transfer services and parcel pickup/drop-off. Long, secure lease in place. Simple operating systems suited to owner-operators or first-time buyers.

DealProspect/Listings/Retail

Lotto & Convenience Business, Bentleigh East

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$248,000

Disclosed · AUD

Revenue

$140,000

TTM

Earnings (est.)

~$29,162

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~8.5×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

TattsLotto agency on East Boundary Road with high tradie and general passing traffic.
Multiple income streams including lotto commission, gift sales, money transfer services and parcel pickup/drop-off.
Long, secure lease in place.
Simple operating systems suited to owner-operators or first-time buyers.

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 · $248K

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 →