Sold - Post Office And Newsagency - Flagstaff Hill, Sa

Flagstaff Hill, South Australia 5159

SOLD

Key Features

AI generated. Contact seller to confirm.

Full newsagency, licensed post office with 268 boxes
Lotteries agency with strong profit contribution
Gross profit split: Newsagency 56.68%, Post Office 28.97%
Located in main shopping centre, opposite Foodland supermarket
Over $81,000 of assets and equipment included
Strong ROI: 2023 39.07%, 2024 35.49%

Turnover: $FY2023 $385,033; FY2024 $341,186; Jul–Dec 2024 $177,214
Net Profit: Not disclosed
Rent/Lease: Not disclosed
Stock Value: $50,000 (approx.)
Established: Over 10 years

Business Details

Business Category Newsagency Post Offices

Business ID: XB162419

LOTTERIES AGENCY – EXCELLENT PROFITS / ROI – SOUGHT AFTER SUBURB

Offering multiple income streams and an outstanding ROI, this fantastic investment is located in one of South Australia’s top suburbs.

BUSINESS HIGHLIGHTS:

- Full Newsagency, Licensed Post Office (268 boxes), Lotteries Agency

- Gross Profit source: Newsagency 56.68%, Post Office 28.97%, Lotteries 14.35%

- Sales (excluding Lottery sales): FY2023 – $385,033, FY2024 – $341,186, Jul-Dec 2024 – $177,214

- ROI: 2023 – 39.07%, 2024 – 35.49%, Jul-Dec 2024 – 34.62%

- Located within the main shopping centre used by the local community

- Directly opposite Foodland Supermarket – surrounded by a range of variety stores – substantial parking

- Over $81K of assets and equipment included in the sale

- Flagstaff Hill has been named the country’s top suburb for house investors

After operating this business for over 10 years, the current owners are looking to move onto other ventures.

INSPECTION BY APPOINTMENT ONLY – PLEASE DON’T APPROACH STAFF

PRICE: $335,000 + SAV (approx. $50K)

Property Code: 4331