East Maitland Licensed Post Office

Today, 12:51pm

Location:
East Maitland 2323 > Regional NSW > New South Wales

Investment level:
$849,000

Type:
Business

Industry:
Retail > Newsagency, Lottery & Post Office

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Summary

East Maitland Licensed Post Office is situated in the Hunter Valley approximately166 kilometres by road north of Sydney and thirty-five kilometres north-west of Newcastle. This Post Office provides al

Revenue

$331,866 pa

Rent

$54,236 pa

Expenses

$25,299 pa

Net Profit

$252,331 pa

Location Details

Unit 1, 127-129 Lawes Street

Potential

There is potential to grow the retail operations of the business.

Skills

Small business skills would be an asset but are not essential. Australia Post provides a 5.2-week training course before settlement.

Lease

Lease expires November 2032

Employees

This is a two person operation suitable for a husband and wife team or partnership.

Reason for Sale

The vendor wishes to spend more time with her family.

About the Business

East Maitland Licensed Post Office is situated in the Hunter Valley approximately166 kilometres by road north of Sydney and thirty-five kilometres north-west of Newcastle. This Post Office provides all of Australia Post’s products and services to the local business and residential community. There are 434 leased private boxes. The net return for a two-person operation is $252,000.00 per annum.

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