For Sale $640,000
Nino Ruscitti

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Marlow & Co
261 High St,
Ashburton, VIC 3147


Retail for sale


For Sale $640,000

Business Details

Wagga Wagga – 3 Terminals 5 1/2 days PW (NSW)


Priced to sell Located at Wagga Wagga NSW with a Growing Population.

The Shop: Spacious bright and clean purpose built and fitted out to Australia Post requirements and specification. There is a very secure lease in place. The shop is large with room to introduce other products. At the rear of the shop there is ample storage space, office and other facilities. This shop has a strong and loyal local client base.

The Business: Open Monday to Friday 8:00am – 5:30pm and Saturday 9:00am -12:00pm. Equipped with one good size counter with three Epos machines, three bar scanners and two label printer. Currently there are over 400 private post boxes installed mostly occupied. There is room to install additional private boxes should they be required. There are also many opportunities to expand the customer base. A husband and wife team plus one part-timer can operate this business very comfortably.

Services Provided: This Licensed Post Office provides all normal Australia Post Services including. Western Union money Transfer, Passports, renewal of passports, working with children and100 point ID – check and photos. Facsimile Services. Photocopy Service. The income is very consistent and increasing annually. This is a one stop post office.

The Location & Supporting Benefits: Positioned in the centre of Wagga. South west of New South Wales, Wagga Wagga is the largest inland city in NSW approx. 480 kms from Sydney, approx. 460 kms from Melbourne and approx. 320 kms from Canberra, with a growing population of 61,000. The Licensed Post Office is situated in a busy shopping centre in town, which caters to the local residential and outlying community. The centre includes a good mix of retail shops, including a Newsagent, Pharmacy, Supermarket, Butcher Shop, plus many other shops. Customers are extremely loyal and a “village” type atmosphere prevails. Rated as one of the top performing LPO’s in the Riverina.

Net income approximately $180,000 + per annum

Price: $640,000 + SAV ($15,000)

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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