Home Business For Sale ICONIC GENERAL STORE IN COASTAL LOCATION

For Sale

Reference Number: bus5769

3 days ago

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ICONIC GENERAL STORE IN COASTAL LOCATION

Listing Price: $700,000 + STOCK

Western Australia

Perth - Greater

Sam Craven See all ads

+610478 832 601

Business Overview

Amazing opportunity to secure one of Perth’s most iconic businesses. This highly profitable family run business is up for grabs and will not last long. Our current owners have been at the helm since 2003, now they are looking to retire and pass their beloved business on. Located within one of Perth’s most iconic coastal communities it serves a range of customers from everyday locals to visiting tourists. Contact our exclusive business broker Sam Craven today to find out more information. This opportunity won’t last long, get in quick!

Business Snapshot:

Revenue: 2,214,624

Stock Value: $100,000

ROI: 90% p/a

Earning Type: PEBITDA

Earning Type Value: PEBITDA

Summary

Key Business Information:

- FY24 Turnover $2,214,624
- Adjusted profits for FY24 $466,274 to owner operator
- Iconic beach side location
- Same family owner since 2003
- Amazing exposure on busy road
- Minimal competition in the area
- Tourist hot spot
- Currently 3 years remaining on current lease, potential further 5 year option
- 2-week hand over period included
- Stock on hand approximately $100,000

Sam Craven See all ads

+610478 832 601

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