Blueys Beach, MidCoast NSW
An excellent opportunity to acquire a long-established supermarket, convenience store and newsagency in the popular coastal destination of Blueys Beach.
Operating for approximately 55 years, the business services both the permanent local community and the strong tourist market attracted to the area throughout the year. It offers a broad range of groceries, fresh produce, meat, dairy products, frozen foods, drinks, newspapers, magazines, stationery, fishing gear, tobacco products, lottery services and everyday household essentials.
Business Highlights
Established for approximately 55 years
Current owners since October 2018
Essential retail business servicing locals and tourists
Strong Christmas, summer holiday and weekend trade
Loyal local customers and returning holidaymakers
Sunrise buying group membership
Extensive range of grocery and convenience products
Newsagency and lottery services
Well-presented retail premises with three shopping aisles
Four-door cool room and comprehensive plant and equipment
Office, kitchen, staff amenities and downstairs storage
Three casual employees
Seven-day trading
Further 5 + 5-year lease option available
Additional Rental Income
The lease also includes an upstairs two-bedroom unit currently occupied by a Pilates studio. This generates approximately $23,400 plus GST per annum in additional rental income, with the tenant also contributing 25% of the council rates.
Growing Coastal Community
Blueys Beach and its surrounding communities continue to experience residential development. The nearby Adenbrook estate is releasing approximately 70 premium residential blocks, bringing builders, tradespeople and contractors into the area.
The Ingenia Lifestyle Kokomo over-55s community is also expected to comprise approximately 133 homes when completed, increasing the permanent population and demand for convenient local shopping.
This is an opportunity to acquire an established and well-equipped coastal retail business with multiple income streams, a recognised community presence and further potential as the surrounding area develops.
Price: $685,000 + SAV
ABM ID#: 6499
