Summary
Award-winning gift & homewares store in Broome. Strong local & tourist trade, commercial supply arm, Shopify + POS, long lease, rear access. Profitable, well-established business with growth upside.
Location Details
25 Carnarvon Street, Broome
Street frontage in Chinatown, Broome's CBD.
Potential
Increase turnover with rising cruise ship visitation and Broome’s growing tourism numbers. Expand commercial supply to cafés, resorts and government. Grow online sales via Shopify and database marketing. Extend trading hours in peak season. Introduce new brands, events and collaborations to further lift revenue and margins.
About the Business
An exceptional opportunity to acquire one of the largest and most successful independent gift and homewares retailers north of Perth, servicing customers as far as Darwin and beyond.
Established, highly regarded and operating 7 days per week (6 days Jan–March), this bright and beautifully presented 202m² retail store enjoys outstanding exposure in the centre of Broome’s historic Chinatown precinct. With substantial daily foot traffic and strong tourist visitation year-round, the business is well known and loved by both locals and visitors alike.
Business Highlights
Award-winning retailer, including multiple customer service awards and Best Broome Business
Strong, loyal local customer base plus significant tourist trade, including significant levels of trade generated by cruise boat visitations
Established commercial supply arm servicing cafés, restaurants, resorts, hotels, offices, local government and regional corporations
Fully stocked with leading home and lifestyle brands including Maxwell & Williams, Glasshouse Fragrances, Sheldon & Hammond and other specialty suppliers
Consistent strong revenue with further upside potential related to increased cruise boat numbers and strengthening commercial based sales
Excellent supplier relationships and strong repeat trade
High-profile lifestyle location benefiting from Broome’s continued tourism growth (over 274,000 visitors annually) and the Chinatown Revitalisation Project
Fully functional Shopify website integrated with an easy-to-use POS system, offering clear online growth opportunity
Extensive customer database
Premises & Lease
Prominent full street frontage in a premium location
202m² bright retail showroom
Separate 45m² office and storeroom (9 Carnarvon Street) to the rear
Large rear locked access suitable for forklifts and truck deliveries, capable of pallet handling
Long lease in place:
Shop: 5-year lease with two options to extend
Storeroom & Office: 3-year lease with two options to extend
Competitive rent for a prime Chinatown position
This is a fully set-up, easy-to-run retail operation offering both stability and growth potential. It presents 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.
Enquire today for further details.
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