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DealProspect/Listings/Retail

Tobacconist – Mitcham

Tobacconist

ActiveRetailVictoriaB2C
Asking price
$268,000
Disclosed · AUD
Revenue
$2,600,000
TTM
Earnings (est.)
~$174,980
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A tobacconist in a busy Mitcham location with very low rent on a long lease. Runs fully under management with no nearby competition, trades six days a week, and has been profitable under the same owner for four years.

Tobacconists in Victoria

All 55
Listed
55
+2 in 30 days
Median asking
$260K
55 priced
Median revenue
$2M
54 disclose
Earnings multiple
2.3×
185 listings
Asking price spread55 of 55 state a price
This listing · $268K
40%
45%
9%
Under $100K$500K–$1M

Australia 67 · Queensland 9

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127