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For Sale EOI - Close Tuesday 20th February, 5pm

A Business with Resilience

Miles Post Office 29A Marian Street, MILES QLD 4415

Exceptional business for sale in a vibrant rural community, Miles a great place to Invest, Work and Play.

• Miles Post office offers an exciting business opportunity with diversity and a consistent income.
• Extensive range of products as well as providing essential Australia Post products and services. Three hundred and sixty post office boxes are currently running at an 89% occupancy rate.
• A 4.5-hour contracted mail service runs twice weekly; 2022 Mitsubishi Ute is used for delivery runs.
• The business trades daily, Monday to Friday, with a steady revenue giving a healthy return.
• Consistent turnover in 2022 with a gross profit of *$314,000, with 2023/2024 financials well on track for a good result at the end of this Financial Year.
• The Post Office has undergone recent renovations with a modernised retail space.
• Miles is in the heart of the Western Downs on the Warrego and Leichhardt Highways junction, *211km west of Toowoomba and *340 km to Brisbane.
• Business is for genuine sale; current owners have built up over the last eight years and are looking to semi-retire.
• It is currently run by 1 permanent staff with casual staff. Ideally suited to a couple to operate the business.
• Rates *$2,121.25 half yearly prior to discount.

Remarks: An opportunity to acquire a well-established business that has been serving the community for decades. A strong performing business with room for further development.

Property Features
  • Offices
  • Land is 1,015 m²
  • Floor Area is 280 m²