Post / Lotto / Gifts Business in Essendon
General Retail
ActiveRetailVictoriaB2C
Asking price
$895,000
Disclosed · AUD
Revenue
$653,484
TTM
Earnings (est.)
~$220,093
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~4.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Long-established Post, Lotto and Gifts business in a prime Essendon shopping centre
- post services, Lotto, and cards/gifts/papers
- Includes courier parcel drop off/pickup via the HUBBED system
- Operates 2 Post Terminals and 1 Lotto Terminal
- Open 5.5 days, closed Sunday
- Showing strong year-on-year growth
- Operated by 2 partners with no employees required
- No direct competition in the area
- Same owners since 2017
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