CBD Lottery, Newsagency & Convenience Store, Melbourne
Convenience Store
ActiveRetailVictoriaB2C
Asking price
$250,000
Disclosed · AUD
Revenue
$376,496
TTM
Earnings (est.)
~$56,474
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~4.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established Lottery, Newsagency and Convenience Store on a prominent Melbourne CBD street corner, opposite a major bank
- Trading for approximately 25 years, operated by the current owner for the past 7 years
- Sells lottery products, drinks, confectionery, greeting cards, stationery, gifts, grocery items and dry-cleaning agency services
- Consistent trading history with strong foot traffic from surrounding offices, residents and visitors
- Trades 5.5 days a week with short Saturday hours
- Priced plus stock, with profit details available on request
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