Lotto, Tobacco and News Agency near Footscray

Lotto, Tobacco and News Agency near Footscray — Retail · Footscray, Melbourne · Asking $698,000 · Revenue $2,756,000

Long-established lotto and tobacco shop close to the train station with heavy foot traffic One Lotto terminal; sells tobacco, gift cards, toys, magazines and stationery Three residential rooms upstairs Established over 40 years; low rent, 9-year secure lease; vendor selling due to retirement

DealProspect/Listings/Retail

Lotto, Tobacco and News Agency near Footscray

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$698,000

Disclosed · AUD

Revenue

$2,756,000

TTM

Earnings (est.)

~$396,313

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established lotto and tobacco shop close to the train station with heavy foot traffic
One Lotto terminal; sells tobacco, gift cards, toys, magazines and stationery
Three residential rooms upstairs
Established over 40 years; low rent, 9-year secure lease; vendor selling due to retirement

Convenience stores in Victoria

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Listed

+6 in 30 days

Median asking

$189K

58 priced

Median revenue

$572K

56 disclose

Earnings multiple

2.4×

137 listings

Asking price spread58 of 78 state a price

This listing · $698K

29%

33%

26%

10%

Under $100K$1M–$2.5M

Australia 119 · Queensland 21 · Western Australia 10

Cafes 577 · Takeaways 527 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Bakeries 75

Priced like this one

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