9 days ago

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Internal Ref: LF7501


Mixed business, 2 terminals - "enviable lifestyle"

About the Business

The Post Office: Has been operating from this location for many years. The shop underwent a new fit out in 2016. Equipped with Two Epos Terminals and one Newsagency, two label printers, two scanners and one camera. There is a security system fitted and wheelchair access. 431 Private Post Offices Boxes the majority of which are leased. This shop has a solid loyal customer base.

The Business: Open Monday to Friday 9:00am – 5:00pm and 9:00am-1:00pm on Saturday. With a new mine underway and due to open late 2022 customers will increase.

Services Provided: The Post Office provides Passport, Western Union, Photocopying and Faxes, Banking & Bill Paying, 100 Point ID & ASIC Checks and Mail services for all businesses, residents and government departments on the Island. There are two mail runs included.

Location: 45-minute flight from either Melbourne or Tasmania with a growing population of 1500. King Island has it all. Cheese, Beef, Crayfish, Abalone. Magnificent coastline, rocky shores, sandy beaches, Seal Rocks, rare and exotic Birds, Penguin Rookery, extensive recreational options and two new world class Golf Courses. Yes, it really is an “Enviable Lifestyle”.

Premises: Freehold $450,000 or option to rent. Includes 1-bedroom flat if desired.

Profit to 2 full time owners is approximately $240,000 per annum

ASKING PRICE BUSINESS $675,000 + SAV ($90,000)

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