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Post Office In Central Coast 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)

After 18 years Long Jetty Post Office has come up for sale so if you are if you are up for a change of lifestyle this is the business opportunity for you. The only Post Office in the area approved for 5 days trading by Australia Post. Owners retiring. Located in the centre of the busy Long Jetty strip shops which is becoming an up market area with new businesses and all this not far from the water. This LPO offers sound growing income and plenty of scope for improvement. Family owned for over 18 years and easy to run by one full time plus small part time assistance. Low rent new 5 year lease with 5 year option

Key points

• Low Rent with long lease.
• Good Shop
• Five days trading only.
• Full training and support by Australia Post.
• Easy parking.
• 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

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

If you are interested in a sea change a relaxed lifestyle 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 $250,000 million technology roll out due late next year.

Competition / Market:

Nearest alternative approximately 2km away

Reasons for selling:

Retirement

Trading hours:

9 AM to 5 PM Monday to Friday

Employees:
owner operator for over 19 years
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.