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Post Office Sydney Inner West For Sale

Western Sydney, New South Wales, Australia
Asking Price:
$325,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (AUD)
Cash Flow:
$100K - $250K (AUD)

Sydney Inner Western Suburbs LPO Easy run by one person on 5.5 days. Adjusted net for one $95,000 p.a but growing with significant unit development locally. Major Road frontage but good parking near by. Low rent with 8 years remaining on current lease with option. Good smaller one man LPO with plenty of scope for improvement.

Key points

1. Low Rent with long lease
2. 186 PO Boxes
3. Developing area with assured growth
4. Good Exposure
5. Easy parking
6. Main Road exposure

Financial Details

Australia Post Commissions $104,000 inc GST
Stock Sales over $80,000 p.a
Rent $12,000 p.a
Adjusted Net Profit $95,000 p.a for one

Purchase Price $325,000 plus SAV about $22,000

Property Information

Real Estate:

Lease

Lease Terms:

18 months remaining of a 3 year lease with 7 year option

Leasehold Rent:

12,000 p.a per annum

Business Operation

Reasons for selling:

Owner wishes to purchase LPO closer to home

Trading hours:

9 AM to 5 PM Monday to Friday ( AM to 12 PM Saturday

Employees:
owner operator
Years established:
Over 90 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise term is indefinite governed by clauses 20 an 22 of the LPO agreement

Other Information

Support & training:

Australia Post training of 7 weeks with ongoing support by the AP network support team. Training cost $4,400 to train up to 3

Furniture / Fixtures value:
$15,000 (AUD) - included in the asking price
Inventory / Stock value:
$22,000 (AUD)
Relocatable:
This business can be relocated.

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