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DealProspect/Listings/Retail

Newsagency in Frankston

Newsagency

ActiveRetailVictoriaB2C
Asking price
$349,000
Disclosed · AUD
Revenue
$1,560,000
TTM
Earnings (est.)
~$160,524
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-established Tatts and newsagency business on Frankston's shopping strip with easy parking and high foot traffic exposure. Under the same ownership for an impressive seven years, it offers stable income and growth potential, trades six days a week, and carries very low rent relative to turnover. The vendor is retiring.

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×
186 listings
Price drops
2
in 30 days
Asking price spread83 of 84 state a price
This listing · $349K
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