Summary
Sale by owner:established 500 sqm discount variety store in Murwillumbah,20 minutes from Coolangatta, with turnover of approximately $500,000 per annum and an attractive gross profit of 50%.
Location Details
112 Murwillumbah Street, Murwillumbah NSW 2484
Main Street Location in the Heart of Murwillumbah Town.
Potential
This well-established, modern store already delivers strong, reliable turnover and solid margins on a busy main street. Significant upside for a hands-on owner or husband-and-wife team to grow sales through more stock selection, merchandising, reduced wage costs and personal, friendly customer service. Further opportunity exists through promoting specials on social media, building relationships with local schools and community groups, and capturing more of Murwillumbah’s growing population and visitor traffic as the region continues to develop.
Skills
No formal qualifications required; however, basic retail, stock control and people management experience will be highly beneficial. Strong customer service skills, attention to detail and a hands-on, can-do attitude will help you maximise the store’s potential.
Hours
Hours: Monday to Friday 9:00am–5:00pm, Saturday 9:00am–3:00pm, Sunday 9:30am–1:00pm.
Lease
5 + 5 years or 3 x 3 years, depending on the buyer’s preference.
Employees
1 Full Time and 1 Part time.
Reason for Sale
The business is being offered for sale due to the owner reaching retirement age and wishing to step back from day-to-day involvement after many years in retail. It is a genuine sale of a solid, long-established family business, creating an excellent opportunity for a new owner to take over and realise it`s full potential.
About the Business
For sale by owner is a well-established 500 sqm discount variety retail store located on the main street of Murwillumbah, NSW 2484 – just 20 minutes from Coolangatta on the Gold Coast.
Operating for 8 years, this business has built a solid reputation in the local community and surrounding region, with:
Turnover: approx. $500,000 per annum
Gross Profit: approx. 50%
Business run mostly under management, offering excellent scope for a hands-on owner to further grow sales and profit
The store is fully fitted out and ready for a smooth takeover, with modern, up-to-date fixtures and fittings, and a well-organised layout suited to a wide range of discount, gift, party, and everyday items.
Key Features:
Prime main street location in a high-growth region with a growing population
Large 500 sqm retail floor space
Modern fit-out – nothing more to spend
Full HD 30-camera CCTV system for excellent security
Back-to-base alarm system
Scanning POS system for accurate pricing and inventory control
Fully air-conditioned premises for year-round comfort
Recently installed solar panels – very low electricity bills
Rear loading dock for easy goods delivery
Business mostly run under management – ideal for an owner-operator or husband-and-wife team to step in and take it to the next level
Lease & Premises:
The freehold building is owned by the current owner’s family, and a new lease will be offered to the buyer:
Proposed rent: $80,000 + outgoings + GST per annum
Flexible lease options available: 5 + 5 years or 3 x 3 years (whichever the buyer prefers)
Secure long-term tenure for peace of mind
Price:
This is a bargain opportunity, priced to sell:
Goodwill: $55,000
Plus Stock at Value (SAV)
Reason for Sale:
Genuine reason for sale – the owner is retiring. This creates an excellent opportunity for someone to step into a solid, established business with strong foundations and plenty of upside.
Ideal Buyer:
This business will particularly suit:
An owner-operator looking for a profitable, established retail business
A husband-and-wife team wanting to work together and grow the store
An investor who wants a mostly managed business with potential to increase returns with more hands-on involvement
For more information, please contact the owner via this listing to discuss further or arrange an inspection.
Genuine enquiries only.
History
Operating successfully as a family-owned discount variety store on Murwillumbah’s main street for the past eight years, it has built a strong local reputation for value, range and friendly service, attracting a loyal customer base from Murwillumbah and surrounding areas. The store has been progressively upgraded with modern fixtures, a scanning POS system, CCTV, air-conditioning and solar, and in recent years has been run mostly under management, providing the current owner with a more hands-off role while maintaining consistent trade.
Connect with us