MAINS POST OFFICE, CARDS STATIONERY & GIFTS & PHOTO PROCESSING, North Yorkshire For Sale
Post Office Salary £94,826 per annum plus Retail Sales of £800 weekly.
This excellent Mains Post Office which sits in a prime location in North Yorkshire - a bustling market town where 1,000’s of visitors come to enjoy the local markets and attractions on a weekly basis, offering additional business and trade to this office. Thirteen villages are serviced by a remunerative Post Office outreach mobile facility operated from this Post Office - two major Banks have closed in recent years, leaving only Barclays Bank in the area, which is not open every day. The result is an increase in personal and business banking transactions through the Post Office, increasing the remuneration of this Office, together with other transactions and shop sales. The business achieves a solid retail turnover of sales of cards, stationery and gifts (weekly turnover £800) – this is supplemented by photo processing income (a popular service and an easy process to learn because the machine does all the work) – a new Epson Surelab D700 Kiosk has been purchased to simplify and modernise the printing of photos. The sales produce a gross profit in the region of 40% to which is added the substantial Post Office Remuneration which is achieved here at over £96,000 per annum (the remuneration has been higher in the past – our client now only works part-time). The shop has been extensively refurbished and modernised in recent years – potential for a new owner to introduce new product lines and services as well as further cross selling and promoting the Post Office’s extensive range of helpful products and services. Just one of the owning partners works in the business, supported by 6 experienced staff, working part and full time, covering 130 hours per week between them. Due to our clients pending retirement, he has not tapped in to the unlimited potential on the private retail element of this site. For a younger more entrepreneurial minded person, this Post Office could introduce a much-needed retail offering of convenience, alcohol, sweets and confectionery. This site has the potential for a deli and bake-off unit which could generate a significant additional income. The premises provide very good business facilities and are held on a good lease with a reasonable rent. Comprising superbly appointed sales and 3 position Post Office Counter area, office with photocopying and photo processing facilities, kitchen, WC.
EPC Band D. Stock £11,800.