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Penola
PENOLA South Australia 5277

$100,000 - $120,000
Search Price: $100,000 *
Property Type: Retail
Agency: Ray White
Last Updated: 11 Feb 2026
Overview

Established in 2004, Koonara Homewares has spent twenty years cultivating an impeccable reputation and a fiercely loyal customer base, making it one of the most significant retail opportunities in Penola.

This business is offered as a seamless walk-in, walk-out arrangement, specifically designed for a turnkey transition that allows a new owner to step into a profitable, high-functioning operation from the moment the keys change hands.

Included in the sale is a diverse inventory, from fashion and on-trend clothing to elegant jewellery and indulgent beauty products. Customers return time and again for its signature range of sophisticated homewares and unique gifts.

The physical footprint of the business is as impressive as its history, featuring a large, prime retail space that benefits from high foot traffic and excellent visibility in a sought-after location on the Penola main street.

Beyond the storefront, the facility is highly functional, boasting a dedicated professional office and a spacious warehouse that provides ample room for inventory management and distribution.

With a favorable lease already in place and efficient cost structures that keep operating overheads low, the business is perfectly positioned for an owner-operator or a small team to maintain strong margins while enjoying the security of a long-term arrangement.

What truly sets this live listing apart is the sheer versatility of a brand that has become a regional icon. You aren't just buying a storefront; you are inheriting twenty years of community soul and a reputation for excellence that spans from local doorsteps to a growing national online presence.

Whether you choose to carry the torch of its beloved heritage or use this high-profile location as a powerhouse launchpad for your own vision, the groundwork is already done. With Penola's tourism booming and the digital storefront ready to explode, the potential to scale this established gem into a retail empire is limited only by your imagination.

This is more than a business acquisition; it's a lifestyle choice. Take control of your work-life balance, grow your income on your terms, and build something that's truly yours, all while leveraging twenty years of established goodwill and community trust.

Whether you preserve the homewares heritage or introduce hospitality, beauty services, or your own unique concept, the foundations are rock-solid, and the future is yours to design.

(Detailed information and full financial records are available upon request and completion of a confidentiality agreement).

Location
Penola
PENOLA South Australia 5277 T
Market Insights for Penola South Australia 5277
New Listings (last 30 days)
1
Average price
$400,000
Lowest price
$400,000
Highest price
$400,000
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