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DealProspect/Listings/Retail

Newsagency & Milk Bar, Hawthorn

Newsagency

ActiveRetailVictoriaB2C
Asking price
$69,000
Disclosed · AUD
Revenue
$187,200
TTM
Earnings (est.)
~$40,377
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~1.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A well-set-up newsagency and milk bar in Hawthorn with a long trading history, a loyal customer base and one residential room attached. The same owner has run the business for thirteen years, and it is described as a very stable operation.

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 · $69K
4%
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