Strong Performing Post Office For Sale

12 days ago

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Summary

Macleay Island is a short 18 minute water bus ride to the mainland at Redland Bay. It is a quiet rural setting with wonderful views and amazing bird life.

Potential

The owner is ready to retire - this is the opportunity for an energetic new owner to take over the business, introduce additional services and new product lines.

The Australia Post commission in the first 6 months of the FY2024 financial year increased by almost 10% 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.

Employees

This is a 2 counter post office.

Reason for Sale

The owner wants to retire.

About the Business

• The owner bought the post office in 2005 and is ready to retire. The business is already performing very well and a new energetic owner can grow the business even further.

• This is a 2 terminal post office - perfect for a husband and wife team or 2 business partners.

• Australia Post commissions are very stable:

FY2019 $116K
FY2020 $127K
FY2021 $139K
FY2022 $139K
FY2023 $143K

These are only the commission figures and do not include stock sales.

• The population is over 3,000 at present and rising.

• This area has many new houses under construction and now is the time to take advantage of the strong business potential as this island continues to develop.

* The post office is located 100m from the jetty where regular water buses provide service to the mainland and free inter-island transport for the neighboring islands.

* Macleay Island LPO provides postal facilities for the neighboring Lamb Island and Karragarra Island.

If you are looking for a strong performing business in a great location - this is an opportunity to consider.



History

The post office has been operating from the same location for many years.

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