Newsagency, Lotto & Tobacco Business – North Hobart
General Retail
ActiveRetailTasmaniaB2C
Asking price
$375,000
Disclosed · AUD
Revenue
$3,149,000
TTM
Earnings (est.)
~$393,625
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Established newsagency, lotto outlet and TSG tobacco franchise on busy Elizabeth Street, North Hobart
- lottery, tobacco, magazines, newspapers, cards, stationery and confectionery
- No nearby lottery retailers, operating as the only full-service newsagency in the immediate area
- Dedicated free customer parking and strong passing and repeat trade
- Established systems, experienced staff and recognised brands including The Lott and TSG
- Long lease with annual CPI rent reviews; two weeks of vendor training included
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