Here is your chance to own one of the longest established businesses held by the same family in West Wyalong The current owners grandfather Hedley Souden, established the business in 1894, this year is 130 years of successful trading. Soudens Furniture is a retail furniture outlet specializing in bedding along with a very complimentary side business of Window Furnishings.
This business is being sold on a walk in walk out basis. Price includes Building, Stock on Hand, bedding gallery & the blind & awning gallery.
The building is well positioned in the Main shopping Street of West Wyalong. An amazing 18m of full window display. The building is broken down in to approximately two thirds of showroom and a third of storage, morning tea area and toilets. There is also an office and front counter within the main showroom. Rear lane access for ease of deliveries.
Current owners operating partially out of town with the assistance of three capable casual staff members.
Strong local support along with returning trade from several businesses in the area. Buying power through Furniture 1.
If you would like the opportunity to purchase a well established business contact us today.
All square meterage is approximate, interested parties should make their own inspection and enquiries to satisfy themselves.
The size of West Wyalong is approximately 801.3 square kilometres. It has 17 parks covering nearly 3.3% of total area. The population of West Wyalong in 2011 was 3,041 people. By 2016 the population was 3,123 showing a population growth of 2.7% in the area during that time. The predominant age group in West Wyalong is 0-9 years. Households in West Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wyalong work in a trades occupation. In 2011, 70.3% of the homes in West Wyalong were owner-occupied compared with 70.4% in 2016.
West Wyalong has 2,010 properties. Over the last 5 years, Houses in West Wyalong have seen a 77.05% increase in median value, while Units have seen a 56.13% increase. As at 30 September 2024:
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