Summary
A wonderful sea-change opportunity on the Mid North Coast of NSW close to Taree. The business is best suited to a partnership or husband and wife team.
Revenue
$167,283 pa
Rent
$26,763 pa
Expenses
$12,377 pa
Net Profit
$128,141 pa
Potential
This is a well established Licensed Post Office in a growing community on the Mid North Coast of NSW, although well run there is an opportunity to grow the business by introducing new retail lines.
Skills
Small business skills would be an asset but are not essential. Incoming Licensees are required to complete a 7 week training course conducted by Australia Post. The course provides four weeks training at a corporate outlet, 1 week consolidation training at Australia Post's head office then two weeks on the job before settlement.
Hours
9.am to 5pm Monday to Friday
Lease
Lease expires on 30 June 2027. A new 10 year lease will be available to the incoming Licensee's.
Employees
This is a two person operation.
Reason for Sale
The owners wish to retire.
About the Business
The vendors are selling an indefinate term License to operate the Post Office. The purchasers need to be a Permanent Resident or Australian Citizen to purchase the business. There will be a 90 day transitional period to assign the License. During this period the purchasers will be required to undergo two interviews roughly two weeks apart and undergo 7 weeks training.
The Licensed Post Office provides the full range of Australia Post's products and services; including
Postage Sales.
Banking Transactions
Bill-pay Transactions
Passport Photographs
Other Agency Services
Parcel Delivery
Private Box Services
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