Broome
Broome, WA 6725

This listing presents an exceptional opportunity to acquire a fully established and award-winning retail business located in the heart of Broome's historic Chinatown precinct. The business is one of the largest and most successful independent gift and homewares retailers north of Perth, servicing a broad customer base extending as far as Darwin and beyond.

Operating seven days a week (six days during January to March), the bright and beautifully presented retail store spans 202 square meters and enjoys outstanding exposure in a prime location. The business benefits from substantial daily foot traffic and strong tourist visitation throughout the year, making it well known and highly regarded by both locals and visitors alike.

Key business highlights include multiple customer service awards and recognition as the Best Broome Business. The retailer boasts a strong and loyal local customer base complemented by significant tourist trade, including considerable sales generated by cruise boat visitations. Additionally, the business has an established commercial supply arm servicing a variety of clients such as cafés, restaurants, resorts, hotels, offices, local government, and regional corporations.

The store is fully stocked with leading home and lifestyle brands, including Maxwell & Williams, Glasshouse Fragrances, Sheldon & Hammond, and other specialty suppliers. It maintains consistent strong revenue with further upside potential linked to increased cruise boat numbers and strengthening commercial sales. Excellent supplier relationships and strong repeat trade underpin the business's stability.

The location benefits from Broome's continued tourism growth, attracting over 274,000 visitors annually, and is supported by the Chinatown Revitalisation Project. The business operates a fully functional Shopify website integrated with an easy-to-use point of sale system, offering clear opportunities for online growth. An extensive customer database further supports marketing and sales efforts.

Regarding premises and lease details, the property features prominent full street frontage in a premium location. The retail showroom covers 202 square meters, complemented by a separate 45 square meter office and storeroom located at 9 Carnarvon Street to the rear. The site includes large rear locked access suitable for forklifts and truck deliveries, capable of pallet handling.

The lease arrangements include a five-year lease for the shop with two options to extend, and a three-year lease for the storeroom and office, also with two options to extend. The rent is competitive for such a prime Chinatown position.

This business represents a fully set-up, easy-to-run retail operation offering both stability and growth potential. It is a rare opportunity for an owner-operator seeking strong returns and lifestyle flexibility, or for an investor looking for a well-established, profitable regional business in one of Western Australia's most iconic destinations.