Listing status: Inactive
Reason: --
Captain Cook Shopping Centre & Gove Warehouse
Captain Cook Shopping Centre & Gove Warehouse
Industry :
Home/GardenSub Industry :
Homewares/HardwareAbout the business
1734 sqm Shopping Centre with True Value Hardware & Electrical Retailer & Post Office in Amazing Nhulunbuy - 2053 Title priced at approx 20% ROI on 2022 Returns
Seeking Expressions of Interest over $2.9 million + SAV (Approx $700k)
Are you tired of the fast pace of city life? Do you dream of living in a location where community matters? Do you have a love of the outdoors, spectacular sunsets, amazing fishing and beautiful unspoiled wilderness areas? The Captain Cook Shopping Centre along with its anchor tenants, Gove Warehouse & Nhulunbuy Post Office are for Sale. They are your opportunity for all of the above.
The Shopping Centre is one of the largest Retail Properties in the tightly held Gove Commercial Property Market. The Gove Warehouse business has been operating for over 6 years and continues to show great profits. With no home delivery for mail, the Post Office ensures the centre is a regular visit for the entire community.
Located in one of the most spectacular and pristine locations in Australia, surrounded by some of the best sport fishing in the world, the centre is home to a range of businesses including a café and postal agency as well as its anchor tenant, Gove Warehouse A True Value Hardware and BiRite Electrical member. The Centre services the residents of Nhulunbuy and surrounding North Eastern Arnhem Land region. This is the ideal sea change for the person looking for a change of pace but not yet ready to retire, or for someone looking for a long term commercial property opportunity showing high levels of returns with a stable anchor tenant.
Key features of the Property include:
* Unique, large floor space building in Nhulunbuy.
* Extremely tight commercial rental market.
* Total lettable area of 1,734 square metres in a single building with a number of tenancies.
* 11,800 square metre allotment.
* Exceptional yields on Commercial Real Estate in the Region
* Post office tenancy ensures entire local population visits several times each week
* Current Freehold title to 2053 on Nhulunbuy Title
Key features of the Business include:
* Solid, well established, profitable business with well over $4 million annual sales.
* Experienced staff in place and running under local management.
* National Store of the Year Winner 2022 True Value Hardware
* Electronic POS system with all pricing setup.
* Modern attractive fitout which is under 5 years old
* Amazing opportunity to live in one of Australia's friendliest local communities.
* Sole local supplier of majority of its products and services to the region
Don't delay, destress your life today and make a change for the better. Take this rare opportunity to experience and live in one of Australia's greatest hidden secrets Call Andrew Hahn at Territory Business Sales on 08 8941 3000 or email Andrew@tbsav.com.au today for more information.
Licensed Agent AL1041 16 Smith Street, Darwin NT
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$3,600,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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