Thriving General Store With Huge Growth Potential In Rural Town

Once-in-a-Decade Opportunity to Own and Operate the Nyora General Store

Serving the Nyora community and surrounding areas (Loch, Poowong, Lang Lang) for over 40 years, the Nyora General Store represents a cornerstone of local life. This thriving business is ready for its next chapter and offers a rare chance to take over a well-loved and highly promising enterprise.

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.

What You’re Buying:
• A Loyal Customer Base: Decades of trust and service to the local community.
• A Thriving Business: Multiple streams of income under one roof, including:
o Convenience Store
o Grocery
o Takeaway Food – full commercial kitchen
o Liquor (Licensed): Liquor sales are currently paused and previously accounted for 30% of revenue. Forecasts suggest potential growth to 50% of total revenue upon re-introduction. 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 store’s product range.
o Third-Party Vendor Income: Enormous potential for further expansion.
• A Prime Location: Positioned for tremendous growth in a sought-after area.

Why Buy This Business?
1. Recently Upgraded: All necessary updates have been completed to modernise the store while preserving its historical charm.

2. Turnkey Operations:
o Fully documented internal processes.
o Staff training and onboarding materials in place.
o Remote system access and streamlined operations enable remote management.
o Troubleshooting guides for appliances and day-to-day operations ensure seamless operations.

3. Strategic Opportunities:
o Growth plans and product/service recommendations.
o Historical sales data and professionally designed shop flow.
o Advertising strategies ready to scale your vision.

4. Multiple Revenue Streams: With an established foundation, buyers can maintain profits or pursue further growth.
Bonus: A Residential Opportunity
The sale of business includes a 4-bedroom house with updated amenities, offering:
• Staff accommodation.
• Potential for rental income.
• AirBnB opportunities for additional revenue.

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.

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 community’s 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: elle@absolutebb.com.au

Ref: B14829