Boorowa Licensed Post Office & Property

15 days ago

Location:
Boorowa 2586 > Regional NSW > New South Wales

Investment level:
$175,000 + SAV

Type:
Business

Industry:
Retail > Newsagency, Lottery & Post Office

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Summary

A great Licensed Post Office in a rural community 3 hours from Sydney. The brick four bed residence and commercial property has been recently renovated and is in excellent condition.

Revenue

$171,199 pa

Rent

$13,200 pa

Expenses

$45,388 pa

Net Profit

$112,611 pa

Skills

Small business skills are an asset but are not essential. Australia Post provide a seven week training course prior to assigning the license to operate the Post Office. Two weeks on the job
training is provided when assigning the mail contract.

Hours

Retail 9am to 5pm Monday to Friday

The mail is delivered at 6.30am. Sorting & delivery takes 8 - 10 hours Mon to Fri.

Lease

The property is for sale for $540,000.00 or a 5 x 5 year lease will be provided to the purchaser on assignment.

Employees

Owner operator suitable for a partnership or husband and wife team.

Reason for Sale

Owners wish to travel.

About the Business

Boorowa Licensed Post Office is located approximately three hours from Sydney. It is the main business hub for a population of 1200. The Post Office will net a single operator $51,000.00 per annum.

The business has been placed on the market for $175,000 plus stock at value. The property can be purchased for $540,000

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