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DealProspect/Listings/Retail

Tattslotto & Newsagency in Heidelberg

General Retail

ActiveRetailVictoriaB2C
Asking price
$680,000
Disclosed · AUD
Revenue
$2,080,000
TTM
Earnings (est.)
~$328,432
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Long-established Tattslotto agency in a bustling Heidelberg shopping centre with heavy foot traffic
  • Loyal customer base and strong reputation
  • Low rent on a 9-year secure lease
  • Semi-managed, easy to run
  • Trades 6 days a week with commission income
  • Vendor keen to sell

General retail businesses in Victoria

All 226
Listed
226
+21 in 30 days
Median asking
$249K
180 priced
Median revenue
$650K
143 disclose
Earnings multiple
2.4×
137 listings
Price drops
5
in 30 days
Asking price spread180 of 226 state a price
This listing · $680K
17%
34%
27%
19%
1%
Under $100KOver $5M

Australia 593 · Queensland 142 · New South Wales 103 · Western Australia 34 · South Australia 27 · Tasmania 8

Cafes 577 · Takeaways 527 · Restaurants 482 · Supermarkets 86 · Convenience stores 78 · Bakeries 75