Post Office, Sub Newsagency & General Store Freehold Reduced for Quick Sale

PRICED TO SELL. Situated on the main road through Mt Crosby this business is in a prime position with high visibility and plenty of traffic flowing past with vehicles being able to pull up and stop on the service road virtually at the front door. The Mt Crosby General Store has been establish since the early 1900's and has a strong loyal client base. It provides an essential service with the Post Office and has 221 Post Boxes with nearly all being let during the year plus around 100 delivery points for counter collection. The nearest Post Offices are 10 to 15 minutes drive away.  Mount Crosby is situated only 27 klms from the Brisbane CBD but has the luxury of feeling that you are living in the country.   The General Store supplies newspapers, magazines, takeaways, general grocery lines, drinks and a large selection of confectionery as well as gifts, greeting cards and stationery lines and also a Dry Cleaning agent. A one bedroom residential flat is attached to the business but if not needed could be rented separately or used for storage. The business currently trades 5 and 1/2 days but the opportunity is there to trade longer on the weekends. The premises consist of shop,kitchen, office space, courtyard and one bedroom accommodation with living room and an attached shed and fenced yard with 3mx3m garden shed on a 491m2 of which 190m2 is the buildings. The gross turnover is around $450K per year with stock on hand of approx $50K. Asking price is $450,000 WIWO negotiable. This comprises $280,000 for the Freehold and $170,000 for the Business including all Plant & Equipment, Goodwill and stock of approximately $45-$50k.  This is an absolute bargain for anyone looking to operate their own business.

Additional Details

Years Established: 80
Gross Turnover: 450,000
Stock Included: Yes
Approximate Stock Value: 50,000
Number of Employees: 2
Car Spaces: 2
Floor Area: 160m2
Property Size: 491m2
Property Title Included: Yes
Business Relocatable: No
Local Council: Brisbane City Council

Buyer Resources

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Australian Government Business Resource website

Business Tax Office Support website

Australian Competition and Consumer Competition website

Directory of Government and Business Associations website