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Post Office Sydney City Fringe For Sale

Sydney City Fringe, New South Wales, Australia
Asking Price:
$870,000 (AUD) Furniture / Fixtures included
Turnover:
$250K - $500K (AUD)
Net Profit:
$230,000 (AUD)

Quality Licensed Post Office for sale Located close to the City of Sydney

Adjusted Net Profit for one full time plus assistant 20 hours per week $230,000 to 235,000 in 2025/2026 financial year.
Current lease with option to 25th January 2033. Rent 2025/2026 $80,199.62 p.a. with minor outgoings. PO Boxes installed 418 PO boxes leased 2026 234 plus counter delivery points. Currently run by one licensee with a part time assistant 20 hours per week and this office is a very good business opportunity for the right LPO Licensee with expansion available under the Licensed Business Partnership Program and retail upside. Recent major Shop refurbishment enhancing growth potential.
Purchase Price $870,000 plus SAV $35,000

Key points.
1. Trades only 5 days and can be run by one full time plus 20 hr part time assistant with potential for significant future growth.
2. Sound Financials.
3. Part of the premises currently subleased.
4. New Extensive Shop upgrade
5. Located close to the city in inner western Sydney in excellent Shopping strip position.
6. Services a diverse residential and business area and is close to the city.
7. Secure lease on affordable lease terms.
8. Close to transport both bus and rail.
9. Significant opportunity for the right owner operator.
10. Well appointed shop of 88 sq metres with subleased area that can be expanded into.
11. Customer Counts : 200 to 240 per day.
12. Adjusted Net for two for 2025/2026 financial year is $230,000 to 235,000.
13. Purchase Price $870,000 plus Stock at Valuation about $30,000.
14. Trading hours 9am to 5pm Monday to Friday only. Mail arrives 8 am
Financial details.
Australia Post Commissions 2025/2026 $247,592.60 net GST
Stock Sales Net GST 2025/2026 $186,569.45. Gross Profit in 2025/2026 $325,521.58 including rent from sublease.
Adjusted Net for one plus 20 hour per week assistant 2025/2026 financial year is $230,000.00 to $235,000
Please note: Complete financials are available conditional on the prospective purchaser;
1. Establishing capacity to purchase and finance availability.
2. Establishing genuine interest.
3. Meeting the vendors and inspecting the business.
4. Demonstrating their ability to meet Australia Post's assignment approval requirements.
Guidance and assistance is available in order to meet these conditions.

Property Information

Real Estate:

Lease

Lease Terms:

Lease with option to 25th January 2033

Leasehold Rent:

80,199.62 p.a. per annum

Location:

Located close to the City of Sydney in High Street position with easy access to Bus and rail within an area with significant business presence as well as up market residential.

Premises Details:

Shop is approx 88 sq metres with retail sublease area separated but available to be reincorporated into the retail Post Office

Size in square feet:
Shop is approx 88 sq metres with retail sub lease area separated but available to be reincorporated into the retail Post Office

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Has previously been run by staff only for a number of years with very poor retail complimentary product range and display. Now owner run and has new upgraded shopfitting with significant upside in retail as well as participation in the LPB program. Area is increasingly becoming an office and commercial precinct close to Sydney CBD.

Competition / Market:

Located within reasonable distance to other Post Office facilities but dominates in its immediate locality.

Reasons for selling:

Owner looking to move into a larger business.

Trading hours:

9am to 5pm Monday to Friday No Saturdays

Employees:
part time 20 hours per week.
Years established:
over 170 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Subject to Australia Posts approval terms and the subject to the successful completion of the 5-7 weeks training course. The LPO Agreement is for an indefinite term and ongoing governed by clauses 20 and 22 of the LPO Agreement.
Licensee has a right to on sell their business subject to AP approval and the completion of training

Other Information

Support & training:

The sale of a Licensed Post office is subject to Australia Post approval. Training is 5 to7 weeks with ongoing support from AP's Network support team. Training and assignment cost $2,750 per person including GST.

Financing available:

All banks will lend for the purchase of a Licensed Post Office subject to proof of income, debt serviceability and security. NAB, Westpac/StGeorge and the ANZ Banks will lend on the cash flow and have industry experience in the lending for the purchase of an LPO. The CBA is currently considering offering cash flow lending. Cash flow lending generally limited to 50% to maximum 60% of purchase including stock.

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Inventory / Stock value:
$35,000 (AUD)
Relocatable:
This business can be relocated
Contact Broker

Listed by

HAROLD A ASHCROFT

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