Summary
A very busy blue-chip Newsagency Post Office located in a local shopping precinct with many other successful traders. It provides the local community with the full suite of Australia Post products and
Revenue
$684,932 pa
Rent
$133,900 pa
Expenses
$173,973 pa
Net Profit
$320,705 pa
Location Details
Shop 9, 91 Turton Rd
Potential
The natural growth of the region will ensure that revenues will grow into the future.
Skills
Small business skills would be an asset but are not essential
Lease
Lease commenced 25 July 2023 Terminates 31 May 2035
3% annual increases with a rent review in June 2030
Employees
Two owner operators plus 88 hours per week.
Reason for Sale
The owner wishes to retire
About the Business
A very busy blue-chip Newsagency Post Office located in a local shopping precinct with many other successful traders. It provides the local community with the full suite of Australia Post products and services including banking, billpay, money transfers, parcel postage, parcel collect, passport applications, and identification photo etc. The business retails a full range of packaging, stationery, gift lines, greetings cards and more. It also provides NSW Lotteries soft gambling to the local customers. It is an excellent business with a net income for two of $320,000.00 per annum. The Lotteries counter has been upgraded to the highest specifications.
Connect with us