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

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$1,976,000

TTM

Earnings (est.)

~$208,901

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

Implied multiple (assumed)

~2.6×

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

Newsagencies in Victoria

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Listed

+13 in 30 days

Median asking

$330K

83 priced

Median revenue

$832K

68 disclose

Earnings multiple

2.3×

185 listings

Price drops

in 30 days

Asking price spread83 of 84 state a price

This listing · $550K

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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