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Established Post Office In Port Macquarie For Sale

Port Macquarie, New South Wales, Australia
Asking Price:
$695,000 (AUD)
Sales Revenue:
$425,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Outstanding Licensed Australia Post Office is now up for sale in the coastal town of Port Macquarie, NSW.
This business has been in the same location for over 24 years, outstanding lease and monthly rental amount in place.
This post office is up to current Australia post standards-has had quite a few recent upgrades-ie new signage, internal paint, some replacement of PO boxes, new counter top, undated security system etc.
With having 550 post boxes with an average of over 70% occupied -giving you a good annual return.
In the local business hub where this shop is located-its surrounded by other great retailers in the same
centre, i.e., doctors surgery, dentist, coffee shops, hairdresser ,bottle shop just to name a few with ample off street parking supplied.
Trading hours are only Monday to Friday,8.30 am to 5 pm (no week-ends or public holidays)
Both the owners do approx. 50 hours each a week and employ two casual juniors to help in busy periods after school and holidays.
This business has a growing turnover of approx. $425 000.00 annually showing a very healthy 47 % nett. return after all expenses and wages.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

4 years plus an option of another 5 years

Leasehold Rent:

$27,000 (AUD) per annum

Living Accommodation:

n/a

Location:

Port Macquarie, NSW. in the coastal town.

Premises Details:

Approx. 120 sq meter lease hold shop, front and rear door access , 2 rear reserved car parks, own toilet and facilities

Size in square feet:
Approx. 120 sq. mtr.

Business Operation

Expansion Potential:

Since owning this post office we have introduced a fantastic range of excusive gift ware products, hand made cards, local made biscuits, also local grown native flowers just to name a few !! heaps of potentia to continue to grow the gift ware retail products.

Competition / Market:

Closest large post office is appox 20 mins drive away.
only 3 post offices in this town -1 other a sub agent ! lighthouse beach has a great catchment area

Reasons for selling:

To return to family in Queensland & travel

Trading hours:

Monday To Friday only- 8.30 am to 5 pm

Employees:
2 casual junior staff only
Years established:
24 plus years

Other Information

Support & training:

100 % support from Australia Post

Furniture / Fixtures value:
$40,000 (AUD)
Inventory / Stock value:
$45,000 (AUD)
Related Documents:
Relocatable:
This business can be relocated.

Contact Seller

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