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DealProspect/Listings/Retail

Post Office with Residence – Cann River, VIC

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

  • Post office business sold together with a 4-bedroom residence on the one title
  • Includes a large counter, EFTPOS facilities and private mail boxes
  • Also handles parcel, banking and bill payment services
  • Short operating hours with minimal weekend trading
  • Long-serving vendor retiring after nearly three decades

Post offices in Victoria

All 11
Listed
11
+1 in 30 days
Median asking
$699K
9 priced
Median revenue
$416K
9 disclose
Earnings multiple
2.4×
205 listings
Asking price spread9 of 11 state a price
22%
67%
11%
$250K–$500K$1M–$2.5M

Australia 15

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · General retail businesses 127