Taree Licensed Post Office & Lotteries Agent

24 days ago

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Summary

This well run Licensed Post Office commenced operation as a NSW Lotteries Agent in March 2022. Commission for the first full year of trading were $81,158.00 GST inclusive these are expected to continu

Revenue

$228,193 pa

Rent

$30,184 pa

Expenses

$54,031 pa

Net Profit

$143,978 pa

Location Details

Unit 7, 18 Bruntnell St

Potential

Commenced operating as a NSW Lotteries Agent in March 2023. Increased foot traffic has has a positive result on retail sales.

Skills

Small business skills would be an asset but are not essential.

Lease

Lease expires 17 July 2025

Reason for Sale

The owners wish to retire.

About the Business

This well run Licensed Post Office commenced operation as a NSW Lotteries Agent in March 2022. Commission for the first full year of trading were $81,158.00 GST inclusive these are expected to continue to grow steadily in 2024. The business provides all of Australia Post's products and services. It is well merchandised with a high percentage of gift-line sales. The net return for a two-person operation is $143,978.00.

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