Tobacco, Tatts Lotto and Newsagency - Elsternwick

Tobacco, Tatts Lotto and Newsagency - Elsternwick — Retail · Elsternwick · Asking $550,000 · Revenue $1,976,000

Well-established Tatts Lotto, tobacco and newsagency business in Elsternwick Busy location with heavy foot traffic and strong customer flow Nine-year secure lease in place with reasonable rent Easy to run, with continued growth potential Stable, high-turnover operation

DealProspect/Listings/Retail

Tobacco, Tatts Lotto and Newsagency - Elsternwick

Convenience Store

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$1,976,000

TTM

Earnings (est.)

~$284,149

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established Tatts Lotto, tobacco and newsagency business in Elsternwick
Busy location with heavy foot traffic and strong customer flow
Nine-year secure lease in place with reasonable rent
Easy to run, with continued growth potential
Stable, high-turnover operation

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 · $550K

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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