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Overview
BROOME, WA
This listing presents an exceptional opportunity to acquire a well-established and award-winning retail business located in the heart of Broome's Chinatown precinct. The business is one of the largest and most successful independent gift and homewares retailers north of Perth, servicing a wide 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 within Broome's historic Chinatown. The business benefits from substantial daily foot traffic and strong year-round tourist visitation, making it a well-known and beloved destination for both locals and visitors.
Key business highlights include multiple customer service awards and recognition as Best Broome Business, a strong and loyal local customer base complemented by significant tourist trade, and a 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.
The business demonstrates consistent strong revenue with further growth potential linked to increasing cruise boat numbers and expanding commercial sales. It maintains excellent supplier relationships and enjoys strong repeat trade. The location benefits from Broome's ongoing tourism growth, with over 274,000 visitors annually, and the Chinatown Revitalisation Project enhances the area's appeal.
Additionally, the business operates a fully functional Shopify website integrated with an easy-to-use point of sale system, providing clear opportunities for online growth. An extensive customer database supports ongoing marketing and sales efforts.
The premises feature prominent full street frontage in a premium location, a bright retail showroom of 202 square meters, and a separate 45 square meter office and storeroom located at 9 Carnarvon Street to the rear. The property includes large rear locked access suitable for forklifts and truck deliveries, capable of handling pallets.
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 with two options to extend. The rent is competitive for such a prime Chinatown position.
This fully set-up and easy-to-run retail operation offers both stability and growth potential. It represents a rare opportunity for an owner-operator seeking strong returns and lifestyle flexibility, or an investor looking for a well-established, profitable regional business in one of Western Australia's most iconic destinations.
For further details, interested parties are encouraged to make enquiries.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Broome WA 6725
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 202 m² |
Market Insights for Broome WA 6725
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