Convenience Store in Melbourne CBD

Convenience Store in Melbourne CBD — Retail · Melbourne CBD, Melbourne · Revenue $305,779

High-profile convenience store on Collins Street in the Melbourne CBD Permission to operate as a newsagency selling newspapers, magazines, stationery, travel cards, dry foods, drinks, cigarettes, flowers and dry cleaning service Potential to run as newsagency and Tatts Lotto subject to landlord and council approval Lettable area approx 50sqm Trading Monday to Friday 8:00am to 6:00pm

DealProspect/Listings/Retail

Convenience Store in Melbourne CBD

Convenience Store

ActiveRetailVictoriaB2C

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Asking price

~$70,574

est. from comparable listings of this type and size · typically within ±30% · AUD

Revenue

$305,779

TTM

Earnings (est.)

~$46,921

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~1.5×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

High-profile convenience store on Collins Street in the Melbourne CBD
Permission to operate as a newsagency selling newspapers, magazines, stationery, travel cards, dry foods, drinks, cigarettes, flowers and dry cleaning service
Potential to run as newsagency and Tatts Lotto subject to landlord and council approval
Lettable area approx 50sqm
Trading Monday to Friday 8:00am to 6:00pm

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