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DealProspect/Listings/Retail

Miles Newsagency – Angaston, Barossa Valley

General Retail

ActiveRetailSouth AustraliaB2C
Asking price
~$367,542
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$1,260,000
TTM
Earnings (est.)
~$236,407
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief

Long-established newsagency in the main precinct of the historic Barossa Valley township of Angaston, held by the current vendor since it was first established. The business operates as a working-owner operation with casual staff as required, trading Monday to Saturday 7am–6pm and Sunday 7am–4pm. A new long-term lease of 5+5+5 years will be offered to the incoming owner, providing continued security of tenure for this well-respected, well-established local business.