Newsagency ( LPO ) Post Office and Lottery Business For Sale

// Summary The Newsagency Post Office is a long standing local business well known by locals and visitors located in the suburban business hub shopping precinct of Geraldton known as Bluff Point. // Location 8/429-437 Chapman Road, BLUFF POINT The mid west region is in the midst of a massive economic transformation and expansion with many new projects bringing considerable infrastructural development In short there are many sound reasons for investing in the future of WA's Mid West // Potential With plenty of data and analysis on record for potential Buyers there is extensive information available to constantly revise the business in its direction of satisfying demands and maximising profits Current focus points have kept the business on top of supplies and in control of demands making a very satisfied community and happy management of 15 staff // Skills With Lottery and Australia Post training carefully regulated skills are very important and up to standard and this becomes easy when staff are being professional and are well communicated and cared for by the Proprietors BPN prides itself on being a very friendly and helpful service eagerly ready to meet consumer demands and expectations // Hours Hours: Monday to Friday 7?am–6?pm Saturday 7?am–5?pm // Lease Lease 1st July 2021 to 30th June 2026 with 2 options of +5 years available // Employees Three permanent staff Five Postal Officers Six Lotto Agents Two casuals All staff have between 2 to 16 years experience in the business Some staff versatile in both the postal and lotto service duties All staff handle news and giftware sales // Reason for Sale Life's circumstances has brought this thriving family business to the market with an opportunity that they are excited to move into but management will remain and they will offer due diligence and priceless guidance to the right Buyers and will happily take a back seat in management if required // About the Business Bluff Point Newsagency has been operating for over 17 years Throughout this time they have embarked upon a program of continued growth and development of the business Being mindful of the trend to online shopping increasing the use of Postal Services and having identified the growing demand for giftware and toys, the business expanded in 2011 increasing the floor space some 80sqm The expansion proved a positive decision and allowed for a greater focus on Postal Services – creating a separate zone within the store allowing a designated Post Counter with an additional Post Terminal This expansion afforded a significant increase in Australia Post product range. The expansion also enabled the introduction of giftware and toys, and for an increase in the range of stationary products Having developed a greater understanding of the business and becoming aware of the unrealised potential of significant increase to numbers of customers in store the business began receiving street mail/Parcels This proved invaluable and has significantly increased customer volume. The volume of parcels continues to grow year on year, and each Christmas season has demonstrated positive growth compared to the prior Christmas period Christmas 2022 season yet again saw additional shelving and storage solutions for the increased (on last year) volume of parcels At a time of gradual change for the Newsagency channel, where there has been much conjecture about the slowly reducing popularity of newspapers and magazines, BPN has reinvented itself as a substantial and necessary business, maintaining community relevance and continued growth This repositioning in the market and continued focus on product and service variety/delivery has maintained businesses relevance in the community The mid west region is in the midst of a massive economic transformation and expansion with many new projects bringing considerable infrastructural development In short there are many sound reasons for investing in the future of WA's Mid West There is potential for the future value of the region’s gross regional product to increase up to $21 billion by 2031 Studies indicate the population has the potential to grow to around 80,000 by 2025 and in 20 years the population could double The Mid West Development Commission’s Investment Plan 2011 - 2021 aims to provide necessary support so that the population of the region can grow sustainably based on lifestyle and permanent residence rather than transience based solely on employment opportunities // History Bluff Point Newsagency has been operating for over 17 years and has reinvented itself as a substantial and necessary business maintaining community relevance and continued growth throughout this time Being mindful of the online shopping trend BPN increased the use of Postal Services identifying the growing demand for giftware and toys the business expanded in 2011 increasing the floor space some 80sqm while repositioning in the market and continuing focus on product and service has maintained BPN's community relevance