Country Newsagency and Retail Business inc Freehold

25 days ago

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Summary

Barkers Longreach. Own QLD History! Department Style Store servicing the great needs of over 80k travellers and locals. Toys, Gifts, Homewares, Tourist Items, Office Supplies

Location Details

112 Eagle St

Potential

As a true regional department store the potential is only limited by an owners desire to add new departments. Recognise the community is missing something in the region and add it to the stock list.

Skills

People skills

Employees

With 4 casual and 2 part time staff the owners are able to pursue other interests while at work.

Reason for Sale

Retirement

About the Business

Change your life for the better. Country living and a solid 124yr old successful retail business.

Rare freehold offered in the centre of the main street of Longreach. While Longreach is considered the heart of outback Qld this opportunity is the heart of Longreach. 698m2 piece of prime commercial freehold.

Through droughts, floods and boom times this business has stood tall in the centre of Longreach servicing the locals and in more recent years the growing tourist trade. With only a few owners in its whole history, each owner has become an important part of the town and outback community.

This is not just a successful business but a local institution! Ensuring you will be quickly introduced throughout the region and able to enjoy the welcoming country nature of Longreach and Central West Qld.

Couples retirement plans have created this rare opportunity. Great staff and a business model that has adapted over time will ensure the next owner will have the best opportunity to make their mark of success in servicing the varied needs of the store’s customers.

Having begun as a newsagency the shop is now a true regional department store. While news, stationery and Lotto make up a portion of sales the diversification has seen homewares, gifts, souvenirs become departments of strength for the business. Add Toys and Hobbies on top of that with one of the most complete Lego stock lists to be found. Sponsoring an annual Lego competition further enhancing its place in the locals hearts.

Licenced retailer for:

Lotto

Golden Casket

Phone Cards

Office Choice – Office Supplies

Newspower

Timing could not be more perfect. With tourist numbers booming as Australians have fallen in love with their own outback country and the international borders about to open and re-introduce international tourists keen for their taste of outback Australia.

Local tourism bookings into 2023 gives confidence this tourism boom is only just getting started.

Key Business Points

• Freehold! Own your part of outback history with this rare commercial sale in the heart of Longreach.

• 124 yrs Business Success. Resilience personified. This business has seen it all and is a respected part of the community.

• Diversified incomes! No longer a newsagency now a true regional department store filling the retail void that specialist retailers can not do in regional towns.

• Great staff. Current owners have trust and faith in the staff able to run the store.

• Great lifestyle. Current owners became part of the town fabric as can a new owner of this iconic store.

• Walk in Walk

History

Established 1896 this is a rare historical business sale which has had a hand full of owners through the years realising the success this iconic retail store can offer.

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