Tatts Lotto & Retail Newsagency - Narre Warren

Tatts Lotto & Retail Newsagency - Narre Warren — Retail · Narre Warren · Asking $480,000 · Revenue $2,080,000

Long-established Tatts Lotto and retail business in a prime Narre Warren shopping centre Comprehensive renovation completed recently, with no further works required for the next decade Strong combination of Lotto and retail sales, high foot traffic and excellent exposure Stable, profitable and easy to operate Suits both new and experienced owner-operators

DealProspect/Listings/Retail

Tatts Lotto & Retail Newsagency - Narre Warren

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$480,000

Disclosed · AUD

Revenue

$2,080,000

TTM

Earnings (est.)

~$214,448

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established Tatts Lotto and retail business in a prime Narre Warren shopping centre
Comprehensive renovation completed recently, with no further works required for the next decade
Strong combination of Lotto and retail sales, high foot traffic and excellent exposure
Stable, profitable and easy to operate
Suits both new and experienced owner-operators

Newsagencies in Victoria

All 84 →

Listed

+13 in 30 days

Median asking

$330K

83 priced

Median revenue

$832K

68 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread83 of 84 state a price

This listing · $480K

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

Priced like this one

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