Unique Newsagency & Cafe Business

Business For Sale Oatlands Newsagency, Oatlands, Tasmania 7120

Business Category Cafe and Coffee Shop Other Retail

$270,000

Description

Unique Newsagency & Cafe Business

INVESTMENT: $270,000 Includes Business and Freehold Property.

Situated in a prime location on this historic High Street, the Oatlands Newsagency with Stickifingers Café is now available for sale.

This profitable and proven newsagency business trades seven days a week and has been operating from the same site for over 80 years. The current owners added the café business two years ago by installing a small fully fitted commercial kitchen and providing a cosy indoor seating area. The addition of the café business has proved very popular with locals and visitors alike, especially the homemade pies, baked on the premises.

The retail side of the business offers a broad range of typical newsagent products - newspapers, magazines, stationery, cards, calendars, art supplies, party goods; plus an extensive selection of gifts, toys, homewares and fashion accessories.
The business has traded strongly throughout the Pandemic with 2020 revenue up on the previous year and current figures showing a good return on investment.

The owners are looking to sell as they are ready to retire.

Key features of the business include:
* Prime Location at the hub of this heritage town
* Long established proven business
* Well Diversified Income streams
* Ideal business for a Working Couple plus occasional Casual Staff
* Excellent "Tree-change" lifestyle business

The historic town of Oatlands is about 80 kilometres north of Hobart and 115 km south of Launceston, just a short detour off the Heritage Highway, Highway 1 in the state's southern midlands.

Close by the Newsagency and Café is the iconic Callington Mill, which is currently undergoing a $2.5million development to include a whiskey distillery, Visitor Centre and tourist experience. This addition to the town will be a significant drawcard for the Oatlands area. The Oatlands Newsagency and Stickifingers Café is ready and perfectly positioned to take advantage of all the benefits these new developments will bring.

All enquiries treated in the strictest of confidence.
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Contact Seller

Bsale ID: 534078
Broker REF: 6424535

The Finn Group
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