Food/Hospitality Business for Sale in QLD Photo 1
Retailer for sale in Brisbane City, QLD
For Sale $690,000

Retailer for sale in QLD

Food/Hospitality
QLD
For Sale $690,000

Business Details

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.

Potential
A motivated buyer could easily increase profitability with the installation of additional PO Boxes

Features
Good location - Highly profitable and potential for further growth. - Established 45 years.

Premises
Stand alone building with high visibility and an area of 85 sq. mts.

Location
Situated in an affluent suburb of Brisbane in a busy shopping strip.

Trading Hours
5.5 days - Mon. - Fri. - 9 a.m. to 5 p.m. can also open Saturday morning if required at peak times

Lease
3 years with annual CPI increases + 2 x 7 year options already in place.

Employees
2 owners

Comments
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

Figures
Weekly Sales $10000
Rent (ex GST) $676
Wages $288
Profit $3927

Agent SBX Code Number: TTQR1002 - SBX Business Brokers

  • Last Updated April 2016
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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