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Busy Post Office And Authorised Newsagency In Victoria For Sale

Wangaratta, Victoria
Asking Price:
$499,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$980,000 (AUD)
Cash Flow:
Available on request

Owners of 11 years wishing to retire due to ill health.
Very loyal and longstanding clientele.
Located in rural city north east Victoria.
Owners very happy to negotiate a quick sale and provide training and support.
Business located in busy shopping strip with plenty of free customer parking.
ATM, 68 private post boxes, attached large residence also available.
13 Sub-agents.
This business would suit a family or provide income for 2 couples.
Inspection highly recommended.
Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

Current lease expires 2019 with 5 year option.

Leasehold Rent:

$20,000 (AUD) per annum

Living Accommodation:

Attached residence available for rent.

Location:

Busy shopping strip including bakery, commercial wholesale food premises, lawn mower repair business, pet food supplies, dog grooming salon and several takeaway food stores.

Premises Details:

Light filled well set out shop premises with good parking.

Business Operation

Expansion Potential:

Delivery territory can be expanded.

Competition / Market:

No local competition

Reasons for selling:

Owners wishing to retire due to ill health.

Trading hours:

5.30am - 5.30pm Monday to Friday
5.30am - 12 noon Saturday & sunday.
Post office hours are 8.30am-5.30pm Monday to Friday.

Employees:
2 Part time newspaper delivery staff. Owners work full time with 1 casual.
Years established:
50 years

Other Information

Support & training:

Full training provided by Australia post.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$25,000 (AUD) - included in the asking price
Inventory / Stock value:
$40,000 (AUD)

Contact Seller

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