Location:
Melbourne - Greater > Victoria
Investment level:
$850,000
Type:
Business
Industry:
Retail > Newsagency, Lottery & Post Office > Lottery
Located in a high-traffic area, the business derives steady income with opportunities to expand postal services and introduce new product lines.
Operating for over 30 years, this newsagency, post office and lottery business is a trusted part of the local shopping strip. With a loyal customer base and stable revenue, it offers a secure opportunity with room for growth.
*$1,275,511 annual takings
*Busy shopping strip location
*Operating for over 30 years
*Flexible lease terms
*240 post boxes installed
*Optional residential space above the shop
This well-established business has been operating for over 30 years in a busy shopping strip. It offers postal, newsagency and lottery services, deriving annual takings of $1.27 million and a net profit of over $200,000.
With a loyal customer base, the business has steady sales and repeat customers. Currently run by a single owner, it requires minimal staffing, making it ideal for an owner-operator.
The vendor, who owns the property, is offering flexible lease terms. The premises also include an optional on-site residence for added convenience.
Located in a high-traffic area with strong community support, this is a secure and profitable business with room for growth. Adding 30 more post boxes and introducing novelty gifts could increase revenue.
Listing ID: ME03144
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
Ref: ME03144
Timestamp: 20250225010004
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