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DealProspect/Listings/Retail

Newsagency & Tattslotto - Mordialloc

Newsagency

ActiveRetailVictoriaB2C
Asking price
$590,000
Disclosed · AUD
Revenue
$600,000
TTM
Earnings (est.)
~$177,765
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~3.3×
Assumed · asking ÷ estimated earnings (as advertised)

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.

How it compares

Newsagencies in Victoria · asking prices
In line with bigger newsagencies here

Bigger newsagencies here ask a median 1.04× revenue. On its $600,000 revenue, that points to about $621,000; reads like this are typically within 30%, so $435,000 to $807,000. It asks $590,000, inside that range.

Asking price
$590,00049% above the median of $395,000
Revenue
$600,000median is $340,000
Revenue multiple
0.98×1.42× across the market; 1.04× for bigger ones, 1.57× for smaller
Time listed
1 dayrecently listed
Listed
63
+15 in 30 days
Median asking
$395K
61 priced
Median revenue
$340K
35 disclose
Earnings multiple
2.5×
197 listings
Price drops
1
in 30 days
Asking price spread61 of 63 state a price
This listing · $590K
28%
39%
31%
Under $100K$500K–$1M

Australia 101 · New South Wales 21

Cafes 429 · Takeaways 315 · Restaurants 245 · General retail businesses 71 · Supermarkets 64 · Bars 56