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
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