Garbutt East Post Office & newsXpress
About this opportunity
One of Townsville’s busiest Post Offices with a full-blown newsagency attached. Brilliant location in a very busy suburban shopping centre on the corner of Ingham Road and Hugh Street, two major arterial roads carrying a huge traffic flow.
Business Story
The Post Office is very easily run with trained and experience staff who can work in dual roles supporting the newsXpress business. This great opportunity is very well established and has been a long-term tenant in a very busy suburban Shopping Centre that contains 11 other businesses and no vacant shops.
The Post office on its own generates great commissions and coupled with newsXpress that has a lotto turnover of more than $2.1m makes for a great lifestyle. The newsXpress is much more than just Newspapers and Magazines, Greeting Cards, Lotto and Scratchies, it stocks a large range of Giftware for every occasion, full range of Stationary catering to Business, Home and Education, Darrel Lea confectionary, a great choice of colourful Gift Wrap, Gift Boxes, Gift Bags and Ribbons etc.
The Australia Post point of sale system is easy to operate and provides informative reporting and as with most full newsagencies this one also uses the computerized Tower Point of Sale System which is very accurate and provides a myriad of Daily or Monthly report in all manner of configuration.
Australia Post requires the new owners to complete a four-week training schedule and Golden Casket have a two-week training schedule if not already completed and be accepted by the Newspaper, Book and Magazine suppliers.
The owners are retiring so make no mistake this is a genuine sale and the business will be sold, if you are considering entering the market in this style of business, to look is a must.
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Denny brings a distinguished career spanning corporate management, national and international FMCG organisations, and hands on ownership of multiple small businesses. His background includes extensive experience in operational management, sales and marketing leadership, franchise management, and the successful ownership and operation of motels, courier services, and supermarket businesses.
Recognising a gap in the market for a communicator with deep operational insight and genuine commercial understanding, Denny established his business broking practice in 2007. Drawing on decades of combined corporate and small business experience, he has elevated the standard of business brokering through the creation of the Business Sales Group—comprising of NQ Business Sales, CQ Business Sales, FNQ Business Sales and SEQ Business Sales.
Today, the Business Sales Group operates as a highly automated, technology driven organisation, delivering exceptional reach, rapid response times, and a consistently professional product. This modern platform has set new benchmarks in efficiency, presentation, and buyer engagement.
Denny’s focus remains unwavering: to support both sellers and buyers throughout the transaction process and deliver outcomes that are fair, transparent, and commercially sound. He continues to grow the business footprint while embracing the latest technologies to ensure clients receive a premium, high quality service.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.