Newsagency, Wangaratta

Newsagency, Wangaratta — Retail · Wangaratta, VIC · Asking $599,000 · Profit $200,000

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…

DealProspect/Listings/Retail

Newsagency, Wangaratta

Newsagency

ActiveRetailVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$599,000

Disclosed · AUD

Revenue (est.)

~$1,262,626

Estimated · comparable listings of this type and size · typically within ±45%

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

Newsagencies in Victoria

All 88 →

Listed

+14 in 30 days

Median asking

$330K

86 priced

Median revenue

$780K

71 disclose

Earnings multiple

2.4×

205 listings

Price drops

in 30 days

Asking price spread86 of 88 state a price

This listing · $599K

36%

35%

26%

Under $100K$500K–$1M

Australia 118 · New South Wales 16

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · General retail businesses 127

Priced like this one

All 88 →