For Sale $695,000
Nino Ruscitti

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Marlow & Co
261 High St,
Ashburton, VIC 3147


Retail for sale


For Sale $695,000

Business Details

Launceston - Newsagency and Post (TAS)


This Newsagency and Post operates seven days a week but has no paper deliveries. The Licensed Post Office is equipped with a three terminal Australia Post counter with full EPOS technology. The shop is large with plenty of room to introduce many other products, as well as vehicle access. This News and Post is well positioned on the fringe of Launceston’s CBD and has easy access from the busiest intersection in Launceston. In addition to the passing traffic, the shop enjoys a high volume of pedestrians given its location in the shopping complex - which includes a food hall, Subway, bakery, Tote and Petrol station.

The current owners have only focused mainly on the domestic postal market, but there is an untapped potential in the business sector. With enthusiastic new owners, the business has the capability to expand into this market, especially due to its location, its vehicle access to the property, and its extended operating hours.

This Post Office & Newsagency is ideal for a couple, partnership or family business. Two people can comfortably run this Post Office together with 1 full time staff member and casual staff. The present owners believe that an enthusiastic family coming into the business could take this business to a much higher level of income, especially as it is Launceston’s only after hours postal service. The benefits from this service have proved considerable to the current owners and the business continues to thrive from being recognised for offering these hours. There is a large solid customer base and a very stable clientele, including account customers with no “bad debt” problems. This News and Post has a reputation for its high level of customer service with the business enjoying customers that travel from outer suburbs of Launceston in recognition of this. An inspection of this business is very highly recommended.

Net Income Approximately - $230,000 + per annum

Price: $695,000 + SAV ($120,000)

Summary »

  • Business Category: Retail
  • Business Sub Category: Post Offices
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Marlow & Co
261 High St,
Ashburton, VIC 3147

Phone: 03 9885 3088
Fax: 03 9813 8342

Nino Ruscitti
Phone: 0398853088

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