Post office and Homeware business in St Georges Basin

Yesterday, 4:57pm

Location:
St Georges Basin 2540 > Regional NSW > New South Wales

Investment level:
$580,000 + SAV

Type:
Business

Industry:
Retail > Newsagency, Lottery & Post Office

Private Seller St Georges Basin Post Office and Newsagency

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Contact

Gwelda Ferguson
 

Summary

After 20 years it is time to retire. This is the only Post Office and Homeware business in the area. Very popular with the locals of St Georges Basin and surrounding villages.

Revenue

$836,444 pa

Rent

$38,218 pa

Expenses

$51,117 pa

Net Profit

$210,799 pa

Location Details

6-9/128 Island Point Rd St Georges Basin
In the middle of the shopping strip in St Georges Basin.
We are a Post Office/Newsagency and also a Homeware Gift Store.
Ample Parking for all customers.
Large variety of items and facilities.

Potential

Growing the business/s in many avenues such as expand the Homeware business and put in a few additional services such as small grocery items.
More items that are on the lower cost side for the home.

Skills

Approval from Australia Post must be attained. Happy to stay on for a few weeks and help gain knowledge of the business and where to buy items if this knowledge is not known.
Great customer service skills.

Hours

Monday - Friday 7am - 5:00pm
Saturday and Sunday 7am - 12pm

Lease

On lease until 21/12/2031 with an open option to extend

Employees

1 Full time employee
1 Casual employee on call when required
1 part time employee 3 days a week
1 casual employee 11 hours a week depending on the season, open to do more hours

Reason for Sale

Time to retire and travel

About the Business

This business has a large variety of stock for all clients as they come from near and far to use this business and all that it has on offer.
The post office, lotteries, cigarettes, bait, Ice, stationery, cards, magazines, giftware, baby items, clothes, shoes, sunglasses, confectionery, drinks, and so much more.

History

It has been in the family now for 20 years, and the business has grown substantially, and also has the gift areas attached, it is very popular.

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