Tattslotto & Newsagency — Werribee

Tattslotto & Newsagency — Werribee — Retail · Werribee · Asking $650,000 · Revenue $600,000

Combined Tattslotto agency and newsagency in a busy strip in Melbourne's western suburbs, next to a train station and other food retailers. Sells lottery products, magazines, cards, gifts and other retail lines alongside the Tattslotto commission income. Runs with one manager and three casual staff, suited to an owner-operator, couple or investor using management. Lease has a four-year term with…

DealProspect/Listings/Retail

Tattslotto & Newsagency — Werribee

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$650,000

Disclosed · AUD

Revenue

$600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Combined Tattslotto agency and newsagency in a busy strip in Melbourne's western suburbs, next to a train station and other food retailers.
Sells lottery products, magazines, cards, gifts and other retail lines alongside the Tattslotto commission income.
Runs with one manager and three casual staff, suited to an owner-operator, couple or investor using management.
Lease has a four-year term with options to extend on favourable terms.

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How it compares

Newsagencies in Victoria · asking prices

In line with bigger newsagencies here

Bigger newsagencies here ask a median 0.99× revenue. On its $600,000 revenue, that points to about $591,000; reads like this are typically within 30%, so $414,000 to $768,000. It asks $650,000, inside that range.

Asking price: $650,00069% above the median of $385,000
Revenue: $600,000median is $340,000
Revenue multiple: 1.08×1.42× across the market; 0.99× for bigger ones, 1.64× for smaller
Time listed: 36 daysno price change

Newsagencies in Victoria

Newsagencies for sale in Victoria (69) →

Listed

+7 in 30 days

Median asking

$385K

67 priced

Median revenue

$340K

35 disclose

Earnings multiple

2.4×

185 listings

Price drops

in 30 days

Asking price spread67 of 69 state a price

This listing · $650K

25%

45%

27%

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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