Looking to buy:

Garbutt East Post Office & newsXpress

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$300,000 + SAV

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About this opportunity

One of Townsville’s busiest Post Offices with a full-blown newsagency attached. Brilliant location in a very busy suburban shopping centre on the corner of Ingham Road and Hugh Street, two major arterial roads carrying a huge traffic flow. 

Why should you consider this opportunity?
  • Well Established Business
  • Great Reputation
  • Well Presented
  • $2.1m Lotto Turnover
  • $2.7m Overall Turnover  
  • Owner Operated
  • Easily Run
  • Experienced Staff
  • Trades 6 Days
  • New Lease
  • 100m2 Retail Space
  • Accountants Figures
  • Good Bottom Line
Business Story

The Post Office is very easily run with trained and experience staff who can work in dual roles supporting the newsXpress business. This great opportunity is very well established and has been a long-term tenant in a very busy suburban Shopping Centre that contains 11 other businesses and no vacant shops.

The Post office on its own generates great commissions and coupled with newsXpress that has a lotto turnover of more than $2.1m makes for a great lifestyle. The newsXpress is much more than just Newspapers and Magazines, Greeting Cards, Lotto and Scratchies, it stocks a large range of Giftware for every occasion, full range of Stationary catering to Business, Home and Education, Darrel Lea confectionary, a great choice of colourful Gift Wrap, Gift Boxes, Gift Bags and Ribbons etc.

The Australia Post point of sale system is easy to operate and provides informative reporting and as with most full newsagencies this one also uses the computerized Tower Point of Sale System which is very accurate and provides a myriad of Daily or Monthly report in all manner of configuration.

Australia Post requires the new owners to complete a four-week training schedule and Golden Casket have a two-week training schedule if not already completed and be accepted by the Newspaper, Book and Magazine suppliers.

The owners are retiring so make no mistake this is a genuine sale and the business will be sold, if you are considering entering the market in this style of business, to look is a must. This business is new to the market and is listed for sale at $300,000 + SAV.

Want to find out more about this business for sale?

Contact Denny Leet
ph. 0409 639 366
e. [email protected]