Price
$850,000
Profit *
Refer to Broker
Sales Revenue
$1,275,511
Location
Melbourne Region, Melbourne
Category
Retail, Newsagency
Listing #
ME03144
Operating for over 30 years, this newsagency, post office and lottery business is a trusted part of the local shopping strip. With a loyal customer base and stable revenue, it offers a secure opportunity with room for growth.
*$1,275,511 annual takings
*Busy shopping strip location
*Operating for over 30 years
*Flexible lease terms
*240 post boxes installed
*Optional residential space above the shop
This well-established business has been operating for over 30 years in a busy shopping strip. It offers postal, newsagency and lottery services, deriving annual takings of $1.27 million and a net profit of over $200,000.
With a loyal customer base, the business has steady sales and repeat customers. Currently run by a single owner, it requires minimal staffing, making it ideal for an owner-operator.
The vendor, who owns the property, is offering flexible lease terms. The premises also include an optional on-site residence for added convenience.
Located in a high-traffic area with strong community support, this is a secure and profitable business with room for growth. Adding 30 more post boxes and introducing novelty gifts could increase revenue.
Listing ID: ME03144
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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