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OLD BAR Stand Alone Licensed Post Office Mid North Coast NSW - Price Reduced
Summary
This is your chance to own a business with one of the best recognised brands in Australia. Australia Post has been one of the most valued brands in Australia for over 200 years.
Location Details
Northern New South Wales
Potential
The current owners have been running the shop since 2009. A new energetic owner can keep growing this already successful post office.
The Australia Post commission in the first 6 months of the FY2024 financial year increased by 6.71% compared to the same period last year!
Skills
No previous experience necessary. You need to be confident in your ability to run a small business. Full training, support and handover will be provided by Australia Post (7 weeks training) and the current owner.
Lease
The owner is the landlord. New 5+5 lease is on offer.
Employees
This is a 2 counter post office.
Reason for Sale
The owner has been running the business since 2009 and is looking to retire.
About the Business
Great location - low rent and no competition
* Easy to run business that offers great work-life balance. This business trades from 9am to 5pm, Monday to Friday only.
* No competition - The closest post office is 50km away! No wonder the commissions Australia Post pays the owner keep increasing:
FY2021 - $205,131
FY2021 - $211,968
FY2022 - $220,415
FY2023 - $251,166 (including $18,000 back-payment)
* These figures do not include stock sales, which provide an additional revenue stream for the business.
* The owner purchased the business in 2009. After so many years, it's time for a new energetic owner to take over this already successful business and keep growing it.
* The shop is very well presented and pleasant to visit.
* As the new owner, you could increase profitability by introducing new high margin stock lines.
Take action and contact us now about this opportunity.
History
The post office has been operating from the same location for many years.
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