Illawarra & South Coast Retail Group
General Retail
ActiveRetailNew South WalesB2C
Asking price
$1,400,000
Disclosed · AUD
Revenue
$3,400,000
TTM
Profit
$700,000
Implied multiple
2.0×
asking / earnings
Brief
- Multi-site retail group comprising two discount variety stores and a specialist arts and craft retailer with a national e-commerce channel
- Operating for more than 20 years with loyal customers and long-standing supplier relationships
- One discount store location also includes a Lotto agency driving additional foot traffic
- Runs under semi-management, with the owner focused on purchasing, supplier relationships and strategic oversight
- Established systems, procedures and stock controls across all sites
- Vendor will provide a comprehensive handover
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