SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****

Retail - Post Office - Under Management - Well established

Listing Id : 249237

Location : Queensland

Category : Post Office

Asking Price : 599,000

Business description

Retail - Post Office - Under Management - Brisbane West - Agent SBX Code Number: TTQD11**** **** Retail post office deriving income and commissions from mail services, banking, bill paying, and money orders. In addition there are 419 PO boxes generating some $50,000 per annum with room for further expansion. Along with general Post Office services this business also provides passport photographs and has a key cutting service. There are also general items for sale. Potential A motivated buyer could easily increase profitability with the installation of additional PO Boxes Features Good location - Highly profitable and potential for further growth. - Established 45 years. Premises Stand alone building with high visibility and an area of 85 sq. mts. Location Situated in an affluent suburb of Brisbane in a busy shopping strip. Trading Hours 5.5 days - Mon. - Fri. - 9 a.m. to 5 p.m. can also open Saturday morning if required at peak times Lease 3 years lease with annual CPI increases expires 2**** **** + 2 x 7 year options expiring June, 2**** **** Employees 2 casuals Comments Training- Australia Post requires up to 90 days notice of transfer and six weeks of that time is spent in training. - Two weeks at the Brisbane GPO followed by two weeks in a corporate training office and the last two weeks at the post office being purchased. - Australia Post charges a fee for the training. New buyers will have first rights to buy the property if it comes up for sale Figures Weekly Sales $10000 Rent (ex GST) $742 Wages $730 Profit $3417 Agent SBX Code Number: TTQD11**** **** - SBX Business Brokers

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