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

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

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

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 · $745K

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

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