Newsagency, Wangaratta
Newsagency
ActiveRetailVictoriaB2B & B2C
Asking price
$599,000
Disclosed · AUD
Profit
$200,000
Implied multiple
3.0×
asking / earnings
Brief
• Established books, magazines, newspapers, gifts and stationery retailer serving a regional Victorian town of around 30,000 people • Positioned on a pedestrian thoroughfare with over 1,300 transactions a week • Preferred supplier to more than 30 regional schools and several local libraries • Growing online sales channel servicing customers nationwide • Currently run part-time by the owners with remote access to the POS system
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Newsagencies in Victoria
Newsagencies for sale in Victoria (69) →Listed
69
+7 in 30 days
Median asking
$385K
67 priced
Median revenue
$340K
35 disclose
Earnings multiple
2.4×
185 listings
Price drops
4
in 30 days
Asking price spread67 of 69 state a price
This listing · $599K
1%
Under $100K$1M–$2.5M
Australia 107 · New South Wales 18 · Queensland 8
Cafes 437 · Takeaways 313 · Restaurants 237 · General retail businesses 66 · Supermarkets 66 · Manufacturing businesses 60
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