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DealProspect/Listings/Retail

Post, Lotto and News Business & Freehold, Tawonga South

Convenience Store

ActiveRetailVictoriaB2C
Asking price
$649,000
Disclosed · AUD
Revenue
$505,960
TTM
Earnings (est.)
~$75,894
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~8.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Scenic town of Tawonga South, 3.5 hours north of Melbourne
  • Three strong income streams: shop, post and Tatts commission
  • Services 420 post boxes
  • Long established business, same owner since 2011
  • New lease on offer (5+5+5)
  • Includes 3-bedroom residence
  • No competition in town
  • Large business premises of 217 sqm
  • Business or business and freehold available combined
  • Due diligence welcomed