Freehold Lotto and Newsagency Business

Freehold Lotto and Newsagency Business — Retail · Dandenong · Asking $745,000

Well-established tattslotto and tobacconist business with the property included Located among outer shops of a shopping centre in the heart of Dandenong Dual entry access from both the shopping centre and the main street Approximately 73 sqm shop with recent fit-out and renovations Surrounded by residential properties, key amenities and a bus stop Same owner for 20 years, suited to an…

DealProspect/Listings/Retail

Freehold Lotto and Newsagency Business

Convenience Store

ActiveRetailVictoriaB2C

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Asking price

$745,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Well-established tattslotto and tobacconist business with the property included
Located among outer shops of a shopping centre in the heart of Dandenong
Dual entry access from both the shopping centre and the main street
Approximately 73 sqm shop with recent fit-out and renovations
Surrounded by residential properties, key amenities and a bus stop
Same owner for 20 years, suited to an owner-operator or investor

Convenience stores in Victoria

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Listed

+7 in 30 days

Median asking

$190K

59 priced

Median revenue

$572K

56 disclose

Earnings multiple

2.4×

141 listings

Price drops

in 30 days

Asking price spread59 of 79 state a price

This listing · $745K

29%

32%

25%

12%

Under $100K$1M–$2.5M

Australia 120 · Queensland 21 · Western Australia 10

Cafes 582 · Takeaways 528 · Restaurants 486 · General retail businesses 228 · Supermarkets 86 · Bakeries 75

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