Coastal Adelaide Licensed Post Office

$350,000 + SAV ($30,000 approx.)

Business Description

This business operates as a licensed post office with 243 mailboxes, boasting an impressive 95% occupancy rate, located in a coastal suburb of Adelaide.

Situated in a small local shopping centre the two terminal operation benefits from its prime location within a supermarket complex, ensuring a steady flow of foot traffic and easy access for customers with ample parking available.

The business enjoys the advantage of an attractive lease with 8 years remaining, providing a stable foundation for future operations. It is currently managed by a team of two full-time employees who operate the post office five and a half days a week, ensuring efficient customer service and smooth daily operations.

One of the post office's key income sources is the sale of cards and giftware, which accounts for approximately 40% of its total revenue. This diversified income stream adds resilience to the business and complements its essential postal services.

The business can be operated by a couple or remain under management, presenting a rare opportunity to acquire a well-established and successful licensed post office that has been serving the local community for decades.

At a Glance

• Located in small shopping centre
• Popular seaside suburb
• 243 post boxes
• Trading 5 days per week
• Attractive 8 year lease

Paul Windle 0410 394 254