Post / Lotto / Gifts Business in Essendon

Post / Lotto / Gifts Business in Essendon — Retail · Essendon · Asking $895,000 · Revenue $653,484

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…

DealProspect/Listings/Retail

Post / Lotto / Gifts Business in Essendon

Post Office

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$895,000

Disclosed · plus stock · AUD

Revenue

$653,484

TTM

Earnings (est.)

~$229,507

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple

n/a

Stock is extra · value not stated

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

Post offices in Victoria

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Listed

active

Median asking

$674K

10 priced

Median revenue

$483K

10 disclose

Earnings multiple

2.3×

186 listings

Asking price spread10 of 11 state a price

This listing · $895K

20%

70%

10%

$250K–$500K$1M–$2.5M

Australia 15

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

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