Lotto & Newsagency, Mornington Peninsula

Lotto & Newsagency, Mornington Peninsula — Retail · Mornington Peninsula, VIC · Asking $998,000 + Stock · Revenue $1,010,808

Waterfront newsagency on the Mornington Peninsula selling lotto, cards, gifts, homewares and dry cleaning Multiple income streams: lotto commission and shop sales Busy street presence with strong foot traffic No competition in the immediate area Opportunity to expand gifts and homewares range

DealProspect/Listings/Retail

Lotto & Newsagency, Mornington Peninsula

Newsagency

ActiveRetailVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$998,000 + stock

Disclosed · AUD

Revenue

$1,010,808

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

Waterfront newsagency on the Mornington Peninsula selling lotto, cards, gifts, homewares and dry cleaning
Multiple income streams: lotto commission and shop sales
Busy street presence with strong foot traffic
No competition in the immediate area
Opportunity to expand gifts and homewares range

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How long it has been for sale

Newsagencies in Victoria

Newsagencies for sale in Victoria (69) →

Listed

+7 in 30 days

Median asking

$385K

67 priced

Median revenue

$340K

35 disclose

Earnings multiple

2.4×

185 listings

Price drops

in 30 days

Asking price spread67 of 69 state a price

This listing · $998K

25%

45%

27%

Under $100K$1M–$2.5M

Australia 107 · New South Wales 18 · Queensland 8

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