Two Lotto & Retail Businesses - Cobram, VIC

Two Lotto & Retail Businesses - Cobram, VIC — Retail · Cobram, Victoria · Asking $895,000+ · Revenue $771,836

Two established Lotto retail businesses in Cobram, Victoria, sold combined Unique monopoly position with no direct competition in the town Main Street and a shopping centre opposite Coles Both outlets held on secure, long-term leases Modern, up-to-date fit-outs Regular, loyal local customer base Trades 5.5 days per week, closed Sunday

DealProspect/Listings/Retail

Two Lotto & Retail Businesses - Cobram, VIC

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

~$975,000

est. from headline + $80,000 stock · AUD

Revenue

$771,836

TTM

Earnings (est.)

~$268,121

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~3.6×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Two established Lotto retail businesses in Cobram, Victoria, sold combined
Unique monopoly position with no direct competition in the town
Main Street and a shopping centre opposite Coles
Both outlets held on secure, long-term leases
Modern, up-to-date fit-outs
Regular, loyal local customer base
Trades 5.5 days per week, closed Sunday

Newsagencies in Victoria

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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 · $895K

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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