Lotto & Newsagency Business – Ivanhoe
General Retail
ActiveRetailVictoriaB2C
Asking price
$495,000
Disclosed · AUD
Revenue
$572,000
TTM
Earnings (est.)
~$192,650
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Lotto and newsagency business in a prime, affluent Ivanhoe shopping location
- Sells Tatts lottery products, cards, gifts, magazines, stationery, toys and books
- Popular local shopping district with a regular, loyal customer base
- Current Tatts Digipos fit-out with strong presentation
- Large premises with room for further growth
- Currently run under management; secure long lease in place
- Open 7 days a week
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