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DealProspect/Listings/Retail

Tattslotto & Newsagency, Toorak

Newsagency

ActiveRetailVictoriaB2C
Asking price
$620,000
Disclosed · AUD
Revenue
$553,800
TTM
Earnings (est.)
~$115,357
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Tattslotto and newsagency business in Toorak
  • Located in a busy commercial precinct with a stable customer base
  • Reasonable rent includes all outgoings
  • 5-year lease in place, open 6 days a week
  • High commission income noted by the vendor

Newsagencies in Victoria

All 84
Listed
84
+13 in 30 days
Median asking
$330K
83 priced
Median revenue
$832K
68 disclose
Earnings multiple
2.3×
185 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $620K
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