Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Post Office Sydney International And Domestic Airport For Sale

SYDNEY INTERNATIONAL & DOMESTIC AIRPORT LPO's, New South Wales, Australia
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
$2,679,092 (AUD)
Cash Flow:
$2,679,092 (AUD)

For sale by way of expressions of interest.

Sydney international airport licensed post office/ lotto shop 2 departure level terminal t1 mascot nsw 2020.
and
Sydney domestic airport licensed post office/lotto domestic terminal 3 (qantas) shop 67/309 shiers avenue mascot nsw 2020

Expressions of interest open until 17th april 2022.

Unique opportunity presents itself to purchase the Sydney Airport Licensed Post Offices (Domestic & International) either separately or together. These businesses have been in the current ownership since 2005 when they were purchased for $2,500,000.00 plus stock at valuation. They have been extremely profitable to the owners for many years up until the onset of Covid 19 in early 2020.
Our instructions are to offer both businesses either individually or together by way of expressions of interest. All options will be considered but governed by Australia Posts and Lotto's assignment requirements and the conclusion of new lease negotiations. There may also be considered relocation options within the Airport subject to AP & Lotto approvals.
NB to own or have a financial interest in a Licensed Post Office the share holders are required to be permanent Australian Residents.

Key points

1. Tremendous potential for growth and profitability post Covid pandemic with most options of combined retail complementary product sales.

2. Sound historic Financials and Tax returns having past declared Gross Profits consistently well over $870,000 p.a.

3. The Post Office and Lotto side of these businesses establishes significant customer traffic to each site which can be leveraged off for the purpose of other retail sales.

4. In addition to income from Australia Post and Lotto stock sales in other areas of retail are very high historically with significant retail margins seen in the location of the airports retail precinct.

5. Complementary products currently and historically sold include, Cards. Confectionery, Snacks, Drinks, Novelty, Gifts, Telecommunication Products, Toys, books, souvenirs, reading glasses, office consumables and equipment, travel accessories and goods, games, collectibles and much more.

6. Both shops are well presented with significant money having been spent in recent years with the last refit of the International having seen over $600,000 invested.

7. Lease options on either site are open to negotiation in view of the current trading prospects gradually returning to normal as travel resumes post Covid pandemic.

8. Unique business opportunity to purchase at a low entry level as retail and travel returns to normal.

9. Prospective purchasers should note that capital required to take up these opportunities is expected to be at least $700,000 including stock.

Please Note: Complete historic financials are available conditional on the prospective purchaser:

1. Establishing capacity to purchase and finance availability.
2. Establishing genuine interest.
3. Demonstrating their ability to meet Australia Posts and Lotto's assignment approval requirements.

Guidance and assistance is available in order to meet these conditions.

Property Information

Real Estate:

Lease

Lease Terms:

negotiable

Leasehold Rent:

negotiable per annum

Location:

Sydney international airport licensed post office/ lotto shop 2 departure level terminal t1 mascot nsw 2020.
and
Sydney domestic airport licensed post office/lotto domestic terminal 3 (qantas) shop 67/309 shiers avenue mascot nsw 2020

Premises Details:

Well located Modern retail LPO premises within the Sydney International Airport extensive retail complimentary product area, Shop fit modern and well presented. Well located modern retail LPO premises within Sydney Domestic Airport T 3 Shop Fit modern and well presented

Business Operation

Expansion Potential:

Both Sydney Airport LPO's depend on airport terminal traffic and associated businesses but may have growth potential in regards to the Licensed Business Partnership program with Australia Post. Turnover and profitability will grow dramatically as the Airport returns to normal traffic post covid 19

Competition / Market:

The two Sydney Airport LPO's have no real direct competition as they are within the terminals of the International and Domestic Airport.

Reasons for selling:

Partnership being dissolved.

Trading hours:

6 am to 6 pm Monday to Sunday

Employees:
owner operator with part time staff
Years established:
Over 28 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

All banks will lend for the purchase of a Licensed Post Office subject to proof of income, debt serviceability and security. Westpac and the ANZ Banks will lend on cash flow and have industry experience in the lending for the purchase of an LPO. St George bank is currently considering offering cash flow lending. Cash flow lending is limited to 50% of the purchase cost including stock.

Other Information

Support & training:

The sale of a Licensed Post Office is subject to Australia Post approval. Training is 7 weeks with ongoing support from AP's Network support team. Training and assignment cost is $4,400 to train up to 3. Lotto Transfer subject to approval and training plus assignment fee.

Furniture / Fixtures value:
$21,000 (AUD) - included in the asking price
Inventory / Stock value:
$100,000 (AUD)
Relocatable:
This business can be relocated.

Contact HAROLD A ASHCROFT

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to HAROLD A ASHCROFT. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business