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Search more Post Offices For Sale in Central Coast

Listing ID: 2882014

Central Coast Post Office For Sale

Central Coast, New South Wales, Australia

Asking Price:: $400,000 (AUD) Furniture / Fixtures included

Sales Revenue:: $338,573 (AUD)

Cash Flow:: $100K - $250K (AUD)

Located not far from the water on the Central Coast of NSW this LPO offers sound growing income and plenty of scope for improvement. Easy to run by one full time plus small part time assistance on 5 days only. Low rent new 5 year lease with 5 year option and an adjusted net of $115,000 p.a

Key points

1. Low Rent with long lease.
2. Good Shop
3. Five days trading only.
4. Full training and support by Australia Post.
5. Easy parking.
6. Great exposure.

Financial Details

Australia Post Commissions $100,000 plus p.a
Stock Sales $239,000 recorded
Rent on new lease only $13,593 plus outgoings
Adjusted Net Profit $115,000. p.a.

Purchase price $400,000 plus SAV about $30,000

Please contact me for more details

Property Information

Real Estate:: Lease

Lease Terms:: 5 year lease plus 5 year option

Leasehold Rent:: $13,593 (AUD) per annum

Location:: Central Coast NSW

Premises Details:: Prominent Main Road location. Approximately 55 sm

Business Operation

Expansion Potential:: Growth potential through leasing more private PO Boxes and the introduction of further banking services and government agency work on the back of Australia Posts new $230,000 million technology roll out due in about 2 years.

Competition / Market:: Nearest alternative approximately 2km away

Reasons for selling:: Retirement

Trading hours:: 9 AM to 5 PM Monday to Friday

Employees:: owner operator

Years established:: Over 90 years

Franchise Information

Franchise opportunity:: Franchise Resale
Franchise terms:: permanent, indefinite term subject to clause 20 & 22 of the LPO Agreement

Other Information

Support & training:: Australia Post training of 7 weeks with ongoing support by the network support team. Training cost $4,400 to train up to 3

Furniture / Fixtures value:: $15,000 (AUD) - included in the asking price

Inventory / Stock value:: $30,000 (AUD)

Relocatable:: This business can be relocated.

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