Sturgiss Newsagency -Dept Store style of retail excellence $420k+SAV

Bowral-Moss Vale & Southern Highlands Region, NSW · General Retail · Newsagency

General Retail Food & Drink Newsagency Gift Shop Stationery Retail Shop

Asking price $420,000 plus stock at valuation

Not checked by Business For Sale Send enquiry

Not checked by Business For Sale

01 · THE OVERVIEW

About this business

In the broker's words

Full description, as written by the broker

Nowra is a city in the South Coast of NSW located 160 kilometres southwest of Sydney. It has an estimated population of 22,900 and is the commercial centre of the City of Shoalhaven. The surrounding region is a farming one with a thriving dairy industry as well as a significant amount of State-owned forest land.

Nowra has an increasingly popular retirement and leisure area for people from Canberra and Sydney.

The naval air station HMAS Albatross is located about 10 kilometres south - west of Nowra.

Sturgiss Newsagency has prime position in the very busy strip shopping area which enjoys district parking lots at the rear and front of the store. The newsagency has only changed hands twice in 100 years. Its current 440 sq. metres is a shopping experience as in a small department style layout. It has Gifts, Stationery, Greeting Cards with an excellence and exceptional THE Lott exceeding more than the rent by $99k per annum.

The owner has established a well organised operation that runs smoothly with marginal oversight. The focus is on personal service with a community driven connection.

Please don't hesitate to discuss this outstanding opportunity by contacting Graeme or Jacqueline for further information or request a Business Profile through our website

02 · KEY FACTS