Summary
The post office is located in a busy shopping centre with plenty of parking. Excellent Australia Post & Lotto sales and significant foot traffic make this post office a great investment.
Location Details
Sydney
Potential
Due to other commitments, the current owner doesn’t spend enough time running the business. If you consider buying the business you should be involved in the day to day operation of the business.
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.
Reason for Sale
The owner has another business and finds it difficult to run both businesses at the same time.
About the Business
Looking for a lucrative investment opportunity in a busy shopping centre? Look no further! This post office is available for purchase, and it's ready for a new owner to take it to new heights.
The post office is situated in a bustling shopping centre that offers plenty of parking and attracts a high volume of foot traffic.
The current owner bought the business two years ago, but due to the large space and lackluster sales of certain items such as statues and random gifts, the owner has decided to split the shop in two. One side will be used while the shopping centre will lease out the other side. This will reduce the rent by 50%, and the lease offered will be for a five-year period.
The profitable stock items are greeting cards, so the reduction in space isn’t expected to have a material impact on stock sales. Lotto ticket sales are massive – over $200,000 a year!
There's significant potential for improvement as the current owner is preoccupied with another business, which means there's an opportunity for a new owner to come in and take charge.
This investment is perfect for someone who wants to invest in a business that is barely managed and grow it. Don't miss out on the opportunity to purchase a post office business in a busy shopping centre and take it to new heights!
Contact us today for more information about this opportunity.
History
The post office has been operating from the same location for many years.
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