$292k Sde Variety Shop Powerhouse | Under Management | Coastal Cashflow Machine

​This is a rare opportunity to acquire one of the largest and most prominent variety retail businesses in a thriving NORTH NSW coastal township, widely recognised as the place to meet, shop, and mingle within the local community. Operating successfully for 38 years with only two owners, this business has proven itself as a bulletproof performer through all market conditions. It offers a wide mix of essential goods alongside a unique emporium-style product range, consistently attracting strong foot traffic and repeat customers. Positioned in a premium CBD main street location, the business benefits from constant pedestrian flow, strong local support, and tourism exposure.

KEY FEATURES
Established 38 years – only 2 owners in history
One of the most prominent retailers in town
Premium CBD main street location with constant foot traffic
Large-format store (~800sqm) with rear access & loading dock
Approx. $380K stock holding (balanced and easy to manage)
Above-industry gross profit (55%+)
Approximately 20% cash sales component
Fully fitted kitchen, staff amenities, and extensive storage
Upstairs space with potential to expand revenue streams (e.g. online sales or new concepts)

OPERATIONAL STRENGTH
Fully under management with experienced full-time manager
Supported by 2 full-time staff plus casual team
Owners operate in the background (supplier negotiations, financial oversight, staffing)
Opportunity to reduce wage costs through family involvement

PLANT & INFRASTRUCTURE
35KW solar system (only 6 months old) delivering significant power savings
State-of-the-art $20K surveillance system
Multiple air-conditioning units and fans throughout
Efficient layout with strong stock flow and storage capacity

FINANCIAL SNAPSHOT (FY26 RUN RATE)
Weekly sales: ~$26,500
Weekly averaged Cost of Goods @45% $11,925
Total weekly wages including owners ($1,855) $6,000
Weekly rent $3,700 (including GST)
Weekly Miscellaneous. expenses $2,000
Total weekly expenses $23,625
Net profit weekly $2,875
Add back owners wages $1855 + misc. (including directors' drawings)
Annual SDE $292,000

LEASE
Sellers own the freehold
Rent will be set at $175K per year for the entire shop of 800 sql @ $218 per sqm
Rent equates to approximately 12% of shop takings based on 2026 FY
Lease offered 3x3x3 with 3% increase annually
Tenant to pay all outgoings (excluding land tax)

WHY THIS BUSINESS?
Proven essential retail model – resilient in all conditions
Strong margins with diversified product mix
Immediate cashflow from settlement
Significant upside via online expansion and utilisation of upstairs space
Lifestyle and income opportunity in a high-demand coastal region

IDEAL FOR
Investors seeking passive income
Family operators looking to optimise wages
Retail groups expanding footprint
Sea-change buyers
Visa applicants (subject to independent advice)
High-performing NORTH NSW coastal variety store delivering approximately $292K SDE, 55%+ GP, under management, with strong foot traffic, expansion upside, and a 38-year proven track record.

Contact Rumsha Mahmood XXXXXXXXXX | Amy Wan XXXXXXXXXX

Asking Price $599,000 + SAV ($350,000 to $400,000 ballpark)

Ref. no. BUY2647

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.