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

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$698,000

Disclosed · AUD

Revenue

$2,756,000

TTM

Earnings (est.)

~$275,318

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

Implied multiple (assumed)

~2.5×

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

Newsagencies in Victoria

All 84 →

Listed

+13 in 30 days

Median asking

$330K

83 priced

Median revenue

$832K

68 disclose

Earnings multiple

2.3×

186 listings

Price drops

in 30 days

Asking price spread83 of 84 state a price

This listing · $698K

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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