Established Variety Store, North NSW Coast
General Retail
ActiveRetailB2C
Asking price
~$979,000
est. from headline + $380,000 stock · AUD
Revenue
$1,378,000
TTM
Earnings
$292,000
Implied multiple (assumed)
~3.4×
Assumed · headline + $380,000 stock
Brief
- Trading 38 years under two owners in a North NSW coastal township main street location
- Approx. 800sqm store with rear access, loading dock, and stock holding
- Gross profit margin above 55%, with approximately 20% cash sales
- Fully under management with a full-time manager plus full-time and casual staff
- Solar power system and surveillance system installed; freehold owned by seller, new lease offered on 3x3x3 terms with 3% annual increases
More retail businesses for sale
- Asian Grocery Business, HurstvilleSupermarket · New South Wales · $299,000
- Tile & Flooring Showroom - Regional SAGeneral Retail · South Australia · $690,000
- Indian Grocery Store - Melbourne South EastSupermarket · Victoria · $295,000
- Grocery & Butcher Shop - Campsie, NSWSupermarket · New South Wales · $299,000
- Convenience Store - Brighton, VICConvenience Store · Victoria · $138,000
- Milk Bar - Reservoir, VICConvenience Store · Victoria · $99,000
- Supermarket - Mount Waverley, VICSupermarket · Victoria · $350,000
- Fruit & Veg Grocery - North Sydney, NSWGreengrocer · New South Wales · $450,000