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DealProspect/Listings/Retail

Post, Lotto and News Business & Freehold, Tawonga South

Post Office

ActiveRetailVictoriaB2C
Asking price
$649,000 + stock
Disclosed · AUD
Revenue
$505,960
TTM
Earnings (est.)
~$170,898
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple
n/a
Stock is extra · value not stated

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

Post offices in Victoria

All 11
Listed
11
+1 in 30 days
Median asking
$699K
9 priced
Median revenue
$416K
9 disclose
Earnings multiple
2.4×
205 listings
Asking price spread9 of 11 state a price
This listing · $649K
22%
67%
11%
$250K–$500K$1M–$2.5M

Australia 15

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · General retail businesses 127