Lotto & Newsagency, Mornington Peninsula
General Retail
ActiveRetailVictoriaB2C
Asking price
$998,000
Disclosed · AUD
Revenue
$1,010,808
TTM
Earnings (est.)
~$153,744
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~6.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Lotto and newsagency in an excellent Mornington Peninsula waterfront location
- Large retail store with strong street presence and busy foot traffic
- Lotto, cards, gifts, homewares, Myki, papers, magazines and dry cleaning
- New Digipos Tatts fit out
- Established business with a loyal local customer base
- Busy all year round with no competition in the immediate area
- Opportunity to further expand gifts and homewares range
- Sea change lifestyle business opportunity
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