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Post Office / Lotto / News Agency

Business for Sale
Midland area WA

Post office / Lotto / News agency - Under-management consistent business for sale - own government franchise territory / catchment area - no competition. Growing suburb.

Price $810,000 + SAV

Post office / Lotto / News agency

Stock Included:
Stock Value: 60000
Years Est: 25
Gross Revenue: 3 Million
Post office / Lotto / News agency - Under-management consistent business for sale - own government franchise territory / catchment area - no competition. Growing suburb - Midland nearby - WA Perth

Smooth long term business with lot of Tax benefits. GFC - resistant. Forecast of money-back within 2-3 Years (ROI). Can earn 50K for working owner-each up to 3 full-time owners. urgent Sale due to family unexpected situation.
• Running under management with clear auto system in place. Remote video surveillance in place with 8 cameras
• Turnover moving in increasing trend. Very low physical work. More suitable for Family / FIFO / Partners / House-wife
• Opposite to Coles and pharmacy Very strong local community support
• 151 Sqm of shop with 5 terminals.
• Open 6 days a week and from 8.30 to 5.30 (similar to Office)
• 100% loan from Bank - feasible
• The Lotto commission increase forcasted from Dec 2019 – which is add-on benefit
• Owner concentrating on unexpected personal issue - happy to retain 20 % or vendor finance for this business

Current profit scenario:
• Spend Staff – 160K (3 People)
• Spend Rent – 138K (including outgoings)
• Total Net Profit is: 217K – under management
• Traditional way of two owners working profit – 317K to 374K (forecast Dec 2019) , as in spreadsheet

Selling price: AUD 810,000 + Stock 60K (Negotiable)

Contact Seller

Contact: Sara
Mobile: 0433193473
Bsale ID: 234381




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