Located in the Shoalhaven Region of NSW, this successful freehold business offers a solid income and all the benefits of living on the South Coast of New South Wales.
Prominently situated in the industrial hub of South Nowra on a busy main road just metres from the local RTA site, this substantial business with an annual turnover of $3 million has been in operation now for over 50 years.
The major product ranges target the requirements of the area’s diverse business activities: manufacturing and trades, agriculture, tourism, health and education, and defence industry support. Product ranges include paper products, cleaning chemicals and cleaning products, industrial and agricultural hose, sheet rubber and plastics, fittings, vee belts, workwear, footwear and safety products. Average stock value would be in the order of $400,000.
The business enjoys a reputation for pleasant and knowledgeable service and attracts an extensive client base from large corporations to sole traders and the general public. The breadth of both the client base and product range has enabled the business to sustain healthy results throughout the recent economic downturn.
The purchaser of the business will be supported by a number of experienced long-term staff who have developed relationships with suppliers and customers and have a significant level of product knowledge. There are nine staff in total.
The freehold includes a large purpose-built open span shop/warehouse of modern standard and four small industrial trade units (approx 180 sq m each), two of which are currently leased. The large 4,461 square metre corner site offers access from both streets and ample on site parking for customers and staff.
Opportunities for developing the business include:
- Capitalising on new developments in this growing region eg defence support industries
- Utilising the space available in the large open-plan store to expand the product range
- Developing a more proactive on-road sales presence
Lifestyle benefits.
The regional city of Nowra is less than two hours from Sydney’s International Airport, 2.5 hours from the nation’s capital and just 80 kms south of the state’s third largest city, Wollongong. Opportunity to live in the town, a coastal village or the rural hinterland. The area has a wide choice of state and private schools, a developing university campus, excellent recreational and sporting facilities, and arts and entertainment centres. House and land prices are significantly lower than in many other regions.