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DealProspect/Listings/Retail

Tatts Lotto Kiosk, Eltham Shopping Plaza

Newsagency

ActiveRetailVictoriaB2C
Asking price
$698,000
Disclosed · AUD
Revenue
$375,000
TTM
Earnings (est.)
~$164,378
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~4.2×
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

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 · $698K
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