Iluka Newsagency & Licensed Post Office

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Summary

Iluka with a population of 1800 is located at the mouth of the Clarence River in north-eastern NSW directly across the river from the resort town of Yamba, 683 kilometres from Sydney, 201 kilometres f

Revenue

$465,357 pa

Rent

$36,000 pa

Expenses

$187,181 pa

Net Profit

$242,176 pa

Location Details

38 Charles St

Potential

There is an opportunity to increase retail sales.

Skills

Small business skills would be an asset but are not essential. A prospective purchaser must complete Australia Post & NSW Lotteries training courses before they will assign their portion of the business.

Lease

A new 5 x 5 x 5-year lease will be issued on settlement. Rent $36,000.00 per annum with annual CPI increases

Employees

A combination of full and part time employees working 65 hours per week i.e. 33.5 hours retail & 30 hours mail delivery.

About the Business

Iluka with a population of 1800 is located at the mouth of the Clarence River in north-eastern NSW directly across the river from the resort town of Yamba, 683 kilometres from Sydney, 201 kilometres from the Gold Coast. The business provides all of the communication, soft gambling and postal needs of the local community. it is the ideal lifestyle business for anyone wishing to get away from the hustle and bustle of the city and larger regional areas. The business will net two working owners $229,000.00 per annum.

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