This Is The Business Holy Grail – Post Office (lpo) & Newsagency

Business For Sale Melbourne, Victoria 3000

Business Category Other Retail

$699,000

Description

This Is The Business Holy Grail – Post Office (lpo) & Newsagency

SUMMARY:

If you are looking to buy a business, It does not get any better than this.

The rare opportunity to buy this iconic business, the “Wendouree Village- Newsagency and Post Office� (Ballarat). This unique well-established local business is offered for sale, with its key feature being its lucrative Post Office license, Newsagency and giftware business.

The business recently relocated in the shopping centre to a higher traffic location and completed a full renovation. The Post Office is ranked in Victorian's top 25 and top 30 for newsagents and 150 nationally for magazine sale.

Located in the largest shopping centre in Ballarat, with over 70 shops and currently looking to expand by another 30 shops in the next 18 months.

There have been continuous changes made to the marketing mix over the last three years to ensure that the business remains viable in a changing marketplace.

KEY FEATURES AND BENEFITS:

• For Sale $699,000
• Excellent cash flow
• Renovation completed in September 2020
• The Post Office is ranked in the top 25
• Very highly rated by customers and significant repeat business.
• Current owner works part time in business
• Perfect for a husband and wife team
• Excellent lease and low rent
• Opportunity to grow further the stationary & books
• Future revenue services from amazon hub and association with Ladbrokes and other key online service providers

COMMENT:

The purchasers need to be a Permanent Resident or Australian Citizen to purchase the business. This is a requirement of Australia Post licence.

Contact us NOW for a fast response – complete the enquiry section on this page!

Finn Business Sales
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Contact Seller
National Brokerage

Bsale ID: 531735
Broker REF: 6395788

The Finn Group
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