Newsagency & Tattslotto - Mordialloc

Newsagency & Tattslotto - Mordialloc — Retail · Mordialloc, Victoria · Asking $590,000 · Revenue $600,000

Newsagency and Tattslotto outlet trading seven days a week in Mordialloc. Meaningful Tatts commission income alongside gift, card and stationery sales. Low rent under a secure lease. Same ownership for the past three years. Described by the broker as a strong improving business.

DealProspect/Listings/Retail

Newsagency & Tattslotto - Mordialloc

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$590,000

Disclosed · AUD

Revenue

$600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Newsagency and Tattslotto outlet trading seven days a week in Mordialloc.
Meaningful Tatts commission income alongside gift, card and stationery sales.
Low rent under a secure lease.
Same ownership for the past three years.
Described by the broker as a strong improving business.

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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 $590,000, inside that range.

Asking price: $590,00053% above the median of $385,000
Revenue: $600,000median is $340,000
Revenue multiple: 0.98×1.42× across the market; 0.99× for bigger ones, 1.64× for smaller
Time listed: 30 daysno price change

Newsagencies in Victoria

Newsagencies for sale in Victoria (69) →

Listed

+6 in 30 days

Median asking

$385K

67 priced

Median revenue

$340K

35 disclose

Earnings multiple

2.4×

188 listings

Price drops

in 30 days

Asking price spread67 of 69 state a price

This listing · $590K

25%

45%

27%

Under $100K$1M–$2.5M

Australia 107 · New South Wales 18 · Queensland 8

Cafes 439 · Takeaways 312 · Restaurants 237 · Supermarkets 66 · General retail businesses 65 · Bars 59

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