Published on 19/03/2021 by Any Business.Com.Au

Mailing Businesses Bouncing Back 'Post' Covid

As Australia's economy continues to bounce back faster than expected from the on-going affects of the COVID-19 pandemic, so to does opportunity for budding business owners.

Indicators suggest enormous monetary and fiscal stimulus are continuing to support growth in the overall economy, giving businesses the chance to re-open their doors and get back on their feet.

One of those businesses that has not only managed to ride out the wave of coronavirus related interruptions but is now experiencing an increase in customer numbers is the humble Licensed Post Office (LPO).

Licensed Estate Agent and Business Broker, Premier Business Consultants Melbourne, Merrin Wilson said privately owned post offices which operate under a licence and with support from Australia Post had proven to have "very resilient" business models especially in turbulent times.

"They are deemed an essential service and therefore offer security in a recognised established industry," Ms Wilson explained.

"They are also a very transparent business model, as all the reporting is processed through Australia Post and is very accurate. Along with the very respectable business hours, this makes them attract, and hold, good sales prices."

Ms Wilson said Australia Post LPOs that also incorporated Newsagency facilities had fared particular well during the recent tough times.

"The Newsagency portion of the business is an added income stream which also generates a lot of foot traffic and provides opportunity for cross promotion.

"The supply of Newspapers also is deemed an essential service and therefore these businesses have also traded well through COVID.

"The combination of these two businesses models creates a good cross section of shopping needs being met at the one premises. There is opportunity to cross sell/promote and both benefit from the custom of the other," Ms Wilson added.

She said the supply of online shopping and parcel pickups had proven to be convenient and this portion of the business had also retained a good percentage of the custom, as the public gained confidence and were satisfied with the process provided by a business of this type, adding that LPOs were simply going from "strength to strength".

"Australia Post recognise the strength of the LPOs in the communities and they are continually looking to better the services and products offered.

"Now is the ideal time to buy into this industry and to register interest your interest with Premier Business Consultants Pty Ltd, because many of the businesses are selling before being advertised for sale.

"There is a very high demand because of the success and security along with the decision for buyers wanting to take their careers and incomes into their own control, after potentially having had threatening or loss of employment/income," she added.

To register your interest in LPOs, newsagencies or any other business for sale, contact Premier Business Brokers Pty Ltd here.

Checkout our listings here
Ab Assets/Broker Avatar

AnyBusiness.com.au

Curtis is a leading expert in the business-for-sale industry, serving as a senior content creator at anybusiness.com.au.

With a career spanning over fifteen years, Curtis has accumulated extensive knowledge in the domain of business sales, acquisitions, and valuations. His deep understanding of market dynamics and his ability to translate complex industry jargon into accessible insights make him a trusted resource for entrepreneurs and business owners looking to buy or sell businesses.

Related articles

06/10/2022 by AnyBusiness.com.au
If recent events are anything to go by, even the biggest of businesses are susceptible to cyber crime.With most small businesses taking their operations online, either through natural progression or thanks to the Covid Pandemic, the increased risk of scams and security threats is apparent - a single cyber-attack could seriously damage your business and its reputation.Follow these steps to help protect your business from cyb...