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DealProspect/Listings/Retail

Lotto & Newsagency Business – Ivanhoe

Newsagency

ActiveRetailVictoriaB2C
Asking price
$495,000
Disclosed · plus stock · AUD
Revenue
$572,000
TTM
Earnings (est.)
~$205,629
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple
n/a
Stock is extra · value not stated

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

Newsagencies in Victoria

All 84
Listed
84
+13 in 30 days
Median asking
$330K
83 priced
Median revenue
$832K
68 disclose
Earnings multiple
2.3×
186 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $495K
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