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DealProspect/Listings/Retail

Tatts Lotto Kiosk, Eltham Shopping Plaza

General Retail

ActiveRetailVictoriaB2C
Asking price
$698,000
Disclosed · AUD
Revenue
$375,000
TTM
Earnings (est.)
~$128,362
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Established Tatts Lotto kiosk in a high-traffic shopping centre near Eltham, Melbourne
  • Exclusive lotto product range with no additional inventory to manage
  • Secure new 5-year lease with low rent and outgoings
  • Three Tatts terminals in place for high customer demand
  • Ranked among the top 90 Tatts outlets in Victoria
  • Easily managed and able to run fully under staff
  • Current owners retiring after 14 years

General retail businesses in Victoria

All 228
Listed
228
+22 in 30 days
Median asking
$249K
181 priced
Median revenue
$650K
146 disclose
Earnings multiple
2.4×
141 listings
Price drops
5
in 30 days
Asking price spread181 of 228 state a price
This listing · $698K
17%
34%
27%
20%
1%
Under $100KOver $5M

Australia 602 · Queensland 145 · New South Wales 105 · Western Australia 35 · South Australia 27 · Tasmania 8

Cafes 582 · Takeaways 528 · Restaurants 486 · Supermarkets 86 · Convenience stores 79 · Bakeries 75