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DealProspect/Listings/Retail

Post Office with Residence, Cann River

Post Office

ActiveRetailVictoriaB2C
Asking price
~$85,079
est. from 1× revenue · AUD
Revenue
$85,079
TTM
Earnings
Implied multiple
n/a
Price includes the property

Brief

  • Freehold post office business with an attached, renovated 4-bedroom residence in Cann River, Victoria
  • Secure Australia Post commission income, supplemented by parcel handling, banking and bill payment services
  • 120 private boxes and over 200 delivery points
  • Minimal operating costs and short trading hours, Monday to Friday only, no weekend trading
  • Set on a 1,012sqm treed and gardened block with a recent pest and building inspection completed
  • Vendor retiring after 27 years; within commuting distance of Bairnsdale and around 3 hours from Canberra

Post offices in Victoria

All 11
Listed
11
active
Median asking
$674K
10 priced
Median revenue
$483K
10 disclose
Earnings multiple
2.3×
185 listings
Asking price spread10 of 11 state a price
20%
70%
10%
$250K–$500K$1M–$2.5M

Australia 15

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127