MIDDLEMOUNT POST OFFICE
West of Rockhampton
Location: Middlemount Post Office is located in the Middlemount Shopping Centre 242 km from Mackay and Rockhampton. Other tenants in the shopping centre include an IGA supermarket, pharmacy, newsagency, dentist, regional council office, family medical centre, two clothing shops, library, bakery, butcher, jeweller, mines office and QGAP office. The town facilities include swimming pool, golf course, touch footy, junior rugby league, netball, kids gymnastics, gym, restaurants, hotel etc.
The Business: Middlemount Post Office provides the local community, business customers and the surrounding region with the full suite of Australia Post services including but not limited to Banking (the post office is the only banking facility in the region), bill pay, Western Union international money transfer, Passport Applications and Renewals, Passport & ID photos, etc and retails a great range of packaging, stationery, printer cartridges, gift cards, greeting cards, books, toys, gift lines, lifestyle products, small electrical appliances and more. There are 335 post office boxes installed and two Australia Post electronic terminals. There are also two mail contracts available (subject to Australia Post approval), one is the town mail and parcel contract which is done 5 days per week, the other is a rural roadside mail contract which is done 2 days per week.
The Premises: The shop has a floor space of 92m2 is carpeted and air conditioned and had a total new shop fit out in 2020 and there would be nothing to spend after purchase (as can be seen in the photos). There are extensive slat wall panels and many free standing gondolas for excellent stock display. The shop lease expires in April 2025 and the landlord (Anglo American Mining) is willing to renew at expiration of existing lease. The current shop rent is only $6,889 per annum including outgoings. If you cannot afford to purchase accommodation the mining company will supply a 3 bedroom air conditioned home for just $173 per week.
Comments: This is a fantastic opportunity for a couple or a sole trader (as it is currently operated) to secure your future. There are fully trained staff in place for both the post office and the mail contracts and the net profit could be increased well over the $200k + that the business currently nets by a second partner working the mail contracts.
$530,000 + SAV ($62,000 approximately) includes the Australia Post Licence, Goodwill, all Fixtures & Fittings and a solid Shop Lease. The Seller is prepared to include 2 postie bikes and the parcel delivery van in the sale.
Note: Australian Citizenship or Permanent Residency status is require to purchase this business. All training will be done by Australia Post prior to settlement with ongoing training and support by Australia Post.