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Frenchville Post Office (Rockhampton) For Sale

Rockhampton, Queensland, Australia
Asking Price:
$499,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Frenchville is a suburb of Rockhampton which has a population of 78,500 of which 12% (9,500) are in the Frenchville Post Office catchment.

The post office provides the full suite of Australia Post services to the local community and commercial clients as well as retailing a range of stationery, packaging, gift lines, lifestyle products, greeting cards, gift cards and more.

There is an excellent shop lease in place which expires in October 2025 and the Landlord is prepared to add an additional 3 x 5 year options upon expiry of the existing lease.

There are 477 po boxes and 3 Australia Post electronic terminals. The shop floor space is 100m2 is airconditioned and carpeted with extensive slat wall and free standing gondolas for excellent stock display. The shop fit meets Australia Post and the Landlords expectations so there is nothing to spend upon entry.

This business would ideally suit a husband and wife or working partners with casual assistance of approximately 25 hours per week

This post office trades Monday to Friday 8.30am to 5.00pm with weekends free.
The asking price of $499,000 + SAV includes the Australia Post Licence, Shop Lease, all Fixtures & Fittings and Goodwill plus SAV of approximately $22,000

Please note that Australian Citizenship or Permanent Residency status is required to purchase this business. And all training and ongoing training would be done by Australia Post prior to settlement.

For your copy of the Business Profile and Financial Statements contact Paul Now

Property Information

Real Estate:

Lease

Location:

Rockhampton Queensland

Premises Details:

100m2 shop floor space
Air conditioned and carpeted

Business Operation

Expansion Potential:

Introduce new stock items

Competition / Market:

None

Reasons for selling:

Retirement

Trading hours:

8.30am - 5.00pm Monday - Friday

Employees:
2 x Owner Operators and 1 x Casual
Years established:
Many years

Other Information

Support & training:

All training will be done by Australia Post prior to settlement.
Ongoing training and support by Australia Post

Financing available:

Post Office Brokers (Qld) have their own Finance Broker and legal team.

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

Contact Post Office Brokers

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