Henty LPO, Lotto & News

Description

Business type: Post Office, newsagency and Lotto outlet

Location: regional New South Wales

Trading history: 123 years at current location

Refurbishment: completed to Australia Post standards in 2018

Net income: approximately $156,000 per annum

Asking price: $350,000 plus stock at value

Estimated stock value: approximately $20,000

Business overview

Established Post Office and newsagency with a long-standing local customer base.

Private Post Boxes: 116

Private Post Boxes occupied: majority

Additional retail space: available

Optional mail run: available

Trading hours

Monday to Friday: 7:00am to 5:00pm

Saturday: 7:00am to 12:00pm

Equipment

• One Post EPOS machine with scales
• One label printer
• One News and Lotto EPOS terminal
• Two retail scanners
• Two printers
• Three contractor scanners
• Security system

Access

Wheelchair access: available

Newsagency products

• Lotto
• Giftware
• Packaging and wrapping
• Mobile phones
• Gift cards
• Stationery
• Toys
• Art supplies
• As seen on TV stock
• Books
• Magazines
• Newspapers
• Greeting cards

Post Office services

• Finance services
• Insurance services
• Identity and document services
• Parcel services
• Mail services
• Travel services

Location

Position: midway between Albury and Wagga Wagga

Drive to Sydney: approximately 8 hours

Drive to Melbourne: approximately 4 hours

Rail service: NSW XPT between Melbourne and Sydney

Regional economy: predominantly agricultural

Schools: available

Medical facilities: available

Aged care facilities: available

Shops: available

Sporting infrastructure: available

Premises

Freehold option: $420,000

Lease option: $450 per week

Financials

Net income: approximately $156,000 per annum

Sale

Asking price: $350,000 plus stock at value

Estimated stock value: approximately $20,000