CBD Lottery, Newsagency & Convenience Store, Melbourne

CBD Lottery, Newsagency & Convenience Store, Melbourne — Retail · Melbourne · Asking $250,000 + Stock · Revenue $376,496

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…

DealProspect/Listings/Retail

CBD Lottery, Newsagency & Convenience Store, Melbourne

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$250,000 + stock

Disclosed · AUD

Revenue

$376,496

TTM

Earnings (est.)

~$119,945

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple

n/a

Stock is extra · value not stated

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

Convenience stores in Victoria

All 139 →

Listed

139

+20 in 30 days

Median asking

$168K

137 priced

Median revenue

$624K

132 disclose

Earnings multiple

2.4×

205 listings

Price drops

in 30 days

Asking price spread137 of 139 state a price

This listing · $250K

31%

39%

21%

Under $100K$1M–$2.5M

Australia 162 · Queensland 12

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · General retail businesses 127 · Bakeries 126

Priced like this one

All 139 →