Inner South Licensed Post Office And Newsagency For Sale

Business description

"Decide your own destiny

With this Inner South post office and news agency

Looking for a new business venture? Look no further. This one boasts very stable finances supported by multiple income streams which have proven resilient to the recent economic crisis. Feel secure in the reliable performance of your investment and your livelihood.

The business is centrally located in an established Canberra suburb with a great sense of community (and loyalty to you). You'll feel like you've moved to the country without losing the conveniences of city living!

The owners are sad to sell after 27 years, but are ready for the next stage of life. New commercial zoning in the area allows the potential for physical and financial expansion of business operations in the future. Australia Post operations in particular offer a promising prospect for development.

The two current owners are responsible for newspaper deliveries, retail operations and administration â?? one working full-time, the other part-time.

Snapshot:

* Sales: $473,475
* Gross Profits of 35.28%
* Operating Profit $120,466
* Annual Rent of 25,740 (inc. GST) for 61.8 square meters
* Open 7 days (five full days and two half days)

Income streams:

* Trading (52.34%)
* Lottery commissions (15.87%)
* Bus ticket commissions (1.8%)
* Australia Post commissions (29.99%)

Asking $249,950 + SAV
Stock approx. $50,000

If you are interested in this business, please use the 'enquire' form on this webpage.

Property information

Location:

Canberra