Lotto and Newsagency Business, Ivanhoe

Lotto and Newsagency Business, Ivanhoe — Retail · Ivanhoe · Asking $495,000 · Revenue $572,000

Sells lottery products, cards, gifts, magazines, stationery, toys and books Located in a prominent shopping strip in an affluent Melbourne suburb Open seven days a week Currently run under management rather than by an owner-operator Uses a Tatts Digipos point-of-sale fit-out

DealProspect/Listings/Retail

Lotto and Newsagency Business, Ivanhoe

Newsagency

ActiveRetailVictoriaB2C

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Asking price

$495,000

Disclosed · plus stock · AUD

Revenue

$572,000

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

Sells lottery products, cards, gifts, magazines, stationery, toys and books
Located in a prominent shopping strip in an affluent Melbourne suburb
Open seven days a week
Currently run under management rather than by an owner-operator
Uses a Tatts Digipos point-of-sale fit-out

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Newsagencies in Victoria

Newsagencies for sale in Victoria (69) →

Listed

+7 in 30 days

Median asking

$385K

67 priced

Median revenue

$340K

35 disclose

Earnings multiple

2.4×

185 listings

Price drops

in 30 days

Asking price spread67 of 69 state a price

This listing · $495K

25%

45%

27%

Under $100K$1M–$2.5M

Australia 107 · New South Wales 18 · Queensland 8

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