Post Office and Newsagency - Flagstaff Hill, SA

Business ID: XB162419

LOTTERIES AGENCY – EXCELLENT PROFITS / ROI – SOUGHT AFTER SUBURB

Offering multiple income streams and an outstanding ROI, this fantastic investment is located in one of South Australia’s top suburbs.

BUSINESS HIGHLIGHTS:

   -  Full Newsagency, Licensed Post Office (268 boxes), Lotteries Agency

   -  Gross Profit source: Newsagency 56.68%, Post Office 28.97%, Lotteries 14.35%

   -  Sales (excluding Lottery sales): FY2023 – $385,033, FY2024 – $341,186, Jul-Dec 2024 – $177,214

   -  ROI: 2023 – 39.07%, 2024 – 35.49%, Jul-Dec 2024 – 34.62%

   -  Located within the main shopping centre used by the local community

   -  Directly opposite Foodland Supermarket – surrounded by a range of variety stores – substantial parking

   -  Over $81K of assets and equipment included in the sale

   -  Flagstaff Hill has been named the country’s top suburb for house investors

After operating this business for over 10 years, the current owners are looking to move onto other ventures.

INSPECTION BY APPOINTMENT ONLY – PLEASE DON’T APPROACH STAFF

PRICE: $335,000 + SAV (approx. $50K)

Property Code: 4331