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DealProspect/Listings/Retail

Tattslotto & Newsagency in Heidelberg

Newsagency

ActiveRetailVictoriaB2C
Asking price
$680,000
Disclosed · AUD
Revenue
$2,080,000
TTM
Earnings (est.)
~$242,181
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~2.8×
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

Newsagencies in Victoria

All 84
Listed
84
+13 in 30 days
Median asking
$330K
83 priced
Median revenue
$832K
68 disclose
Earnings multiple
2.3×
185 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $680K
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