Food/Hospitality for sale
Retail - Post Office - Brisbane West
\nRetail - Post Office - Brisbane West - Agent SBX Code Number: TTQR1002
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.
A motivated buyer could easily increase profitability with the installation of additional PO Boxes
Good location - Highly profitable and potential for further growth. - Established 45 years.
Stand alone building with high visibility and an area of 85 sq. mts.
Situated in an affluent suburb of Brisbane in a busy shopping strip.
5.5 days - Mon. - Fri. - 9 a.m. to 5 p.m. can also open Saturday morning if required at peak times
3 years with annual CPI increases + 2 x 7 year options already in place.
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
Weekly Sales $10000
Rent (ex GST) $676
Agent SBX Code Number: TTQR1002 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Retailer
- Business Lease: $26,000.00
- Attached Dwelling: YES
- Copy Of Title: 1
- Expenses: $10000
- Earnings Before Interest Tax: $1100000
- Business Selling Price: $300000
- Business Property Price: $300000
- Property Selling Price: 300000
- Trading Hours: 9am-5pm mon-fri.
- Franchise Agreement Fees: NO