Reference No: NR4061

Newsagency and Post Office
Chermside South QLD

Price: $340,000 + S.A.V. question mark popup button

Chermside South LPO For Sale

Location-Chermside South is 9 kms north of Brisbane

The Shop: Has an abundance of space. There is a large, solid customer base and a very stable clientele, including account customers with no bad debt problems. Customers are extremely loyal and a "village" type atmosphere prevails. The shop has a number of growth opportunities as outlined below. This is a prime location and a large shop which is ideal for further development. By introducing more products, sales will increase substantially.

The Business: Open Monday to Friday 8:30am-5:00pm and 9:00am to 11:30am Saturday morning. Equipped with one counter, 2 Australia Post Epos machines, 1 Scanner, 2 Electric Scales, 2 Electronic Cash Drawers and 1 Australia Post Camera. There are currently 591 boxes installed with over 70% occupied. The business main stream of income is generated from the Post Office, wide range of gift items and Stationery. There is ample room to introduce more products. The Chermside South Post Office is ideal as a Husband and Wife, partnership or family business. Two people, i.e. Husband/Wife team can comfortably run this Post Office full time.

Services Provided: This Licensed Post Office provides all normal Australia Post services. This Post Office also offers very important and profitable services to the public such as Passports, renewal of Passports, Working with Children, 100 (one) point ID check and photos. Other services provided by the Chermside South Post Office include Key Cutting, Fax service, Photocopying service and mail delivery service to some Post Office box customers. There is a Security System fitted and Wheelchair Access to the Post Office.

Opportunities: Introduce additional products; promote Working with Children, 100-point ID–checks and photos. Advertising and marketing in general of all products and services, whether Australia Post or otherwise.

The Location: Chermside South is 9 kms north of Brisbane and 38 kms south of Caboolture. Chermside is a key destination along Queensland Transport's future Northern Busway. Chermside is home to Queensland's largest shopping centre which contains a 3 storey Myer and a 16-screen cinema complex.

The area has The Prince Charles Hospital, Holy Spirit Northside Private Hospital, the Chermside Dialysis Clinic and various commercial businesses. Many new high-rise unit developments have been built in Chermside.

Net income approximately $116,000 + per annum

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Price: $340,000 + S.A.V.
Marlow & Co
1st Floor, 261 - 267 High Street

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Contact: Linda Foran
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