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Overview
NAROOMA
Discover an exceptional opportunity to acquire a prime retail space along with a well-established business located in the vibrant heart of Narooma, New South Wales. This property is situated within the renowned Narooma Plaza, offering a highly desirable location that benefits from excellent visibility and substantial foot traffic. Positioned strategically between major retailers such as Woolworths, Aldi, Rapley's Butchers, and the local Bottle Shop, this homewares business enjoys a thriving customer base while still allowing room for personal business enhancements.
The retail space boasts a generous floor area of approximately 107 square meters, providing ample room to display a wide range of products or services. The open layout of the premises allows for flexible customization to suit various business needs. Included in the sale are all existing displays, shelving units, and store items, enabling a seamless transition for the new owner.
Located within a bustling commercial environment, the business benefits from proximity to numerous well-established neighboring enterprises, ensuring a consistent flow of potential customers. Narooma itself is a lively coastal town known for its flourishing tourism industry, making it an ideal setting for retail ventures. This location offers the advantage of a supportive local community combined with a steady influx of visitors, maximizing the potential for business growth and profitability.
- Strong financial returns with excellent gross profits and available financial records.
- Floor space of 107 square meters complemented by an additional approximately 20 square meters of storage space at the rear, suitable for stock holding with access to a loading dock.
- Current rental is approximately $4,650 per month including GST, with a lease term extending for an additional three years and options for renegotiation.
- Annual sales approximate $325,000, achieved without any upselling or online presence, indicating significant growth potential.
- Stock valued at approximately $150,000, included in the sale at valuation.
- The asking price is based on two years' profit before tax, reflecting the business's strong earning capacity.
- The motivated business owner is willing to provide a handover period of four to eight weeks, including all purchasing instruments, to ensure a smooth transition.
- Opportunity to personalize the business with your own buying preferences and operational style, with plenty of upscale options available.
- Current staffing includes one full-time staff member, one casual employee, and the business owner.
This is a rare and exciting opportunity to establish or expand your presence in Narooma's thriving retail market. With its prime location, substantial space, and a supportive local community, this business is well-positioned to attract attention and deliver ongoing success. Interested parties are encouraged to arrange a viewing to fully appreciate the potential of this outstanding commercial offering.
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
Narooma NSW 2546
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 107 m² |
Market Insights for Narooma NSW 2546
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