Award-Winning, Fully Established Retail Business in the Heart of Broome's Chinatown
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.
Invest Smarter with PRD.Enquire Nikki today for further details.
