Thriving General Store with Huge Growth Potential in Rural Town

Thriving General Store with Huge Growth Potential in Rural Town

This opportunity presents the sale of a thriving general store, a vital hub for a small town with a population of approximately 2,000 people. The business has established itself as the only general store in the area, offering a wide variety of goods, but it has huge untapped potential for growth. The current owner, due to personal family reasons, is seeking to sell the business after one year of ownership.

Key financials include impressive annual takings of $780,000. The store is supported by a dedicated team, including a full-time owner and four casual staff members, with flexible working hours, operating seven days a week. The premises are available on a secure lease with options until 2034, with rent at just $2,300 per month (inclusive of GST) and low outgoings of $3,500 per annum.

A significant growth opportunity exists with the potential to introduce alcohol sales, which was previously offered by the store under previous ownership. With no other stores in town selling alcohol and the nearest supermarket 20km away, this presents a major opportunity for the new owner to tap into an unmet demand and expand the stores product range.

The business is well-established with a solid foundation, excellent potential, and ample room for expansion. This is a fantastic investment opportunity for an ambitious owner looking to tap into a rural communitys needs and capitalise on growth potential, particularly with the addition of alcohol sales.

For more details, contact Chris & Elle at Absolute Business Brokers:
Phone: 0433 582 533
Email: [email protected]

Ref: B14829

Contact Agent