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Frenchville Post Office Price Reduced For Sale

Rockhampton, Queensland, Australia
Asking Price:
$480,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Frenchville Post Office is located just 8 minutes from the Rockhampton CBD in a local shopping precinct with a large IGA, BWS, pharmacy and cafes.

The post office provides the full suite of Australia Post services including but not limited to Banking, Billpay, International money transfers, Foreign Currency Exchange, Insurance for Home, Contents, Car and Travel and retails a range of packaging, stationery, greeting cards, gift cards, gift lines, lifestyle products and more.

There are 3 Australia Post electronic terminals and 477 private post office boxes installed.

The Frenchville Post Office has a floor space of approximately 100m2 is air conditioned and carpeted with extensive slat wall and free standing gondolas for excellent stock display. There is a small back office with plenty of shelving for stock and parcel storage and a kitchenette. The shop fit out meets Australia Post and Landlords expectations so nothing to spend upon entry.

This is an excellent opportunity for a working couple or partners to enter into business with Australia Post as a Licensee. Australia Post is one of the most trusted and recognised brands in Australia for over 200 years. Working only a 5 day week with the assistance of some casual labour enables a work life balance to be envied.

Excellent and consistent Commissions paid to Frenchville Post Office over the past 3 years.

FY2021 = $239,520
FY2022 = $230,323
FY2023 = $248,885
These Commissions do not include Stock Sales.

Australian Citizenship or Permanent Residency status is required to purchase a post office.

All training and ongoing support provided by Australia Post. Training, prior to settlement and continued ongoing support.

The asking price of $480,000 + SAV ($22,000 approximately) is great buying and includes the Australia Post Licence, all Fixtures & Fittings, Good Will and Shop Lease.

Enquire now for your copy of the Business Profile and Financial Statements.

Property Information

Real Estate:

Lease

Location:

Rockhampton main road frontage

Premises Details:

100m2 floor space, carpeted and air conditioned

Business Operation

Expansion Potential:

A little extra work could lift this post office to Tier 1 level increasing the Net Profit

Competition / Market:

None, this is a niche industry

Reasons for selling:

Current owners are overdue for retirement

Trading hours:

8.30am to 5pm Monday to Friday

Employees:
2 x Owner operators plus some casual
Years established:
More than 25 years

Other Information

Support & training:

Initial 7 weeks of training with Australia Post and ongoing training and support provided by Australia Post.

Financing available:

Post Office Brokers (Qld) have their own experienced Finance Broker.
Post Office Brokers (Qld) have their own Legal team experienced in post office sales and purchases

Inventory / Stock value:
$22,000 (AUD)