The Phone Code for this property is: 95057. Please quote this number when phoning or texting.

This freehold business is sited on a highly visible level corner block on the main road into American River, one block back from the seafront. The building is purpose designed, fully disabled access compliant, and meets all Australia Post standards.

As well as Post Office and banking services, the store offers a variety of groceries, fresh fruit and vegetables, meat, milk, bread, ice-creams, cold drinks, pies, tea and coffee, a wide range of confectionery, magazines and papers, gas swap and go, greetings cards and stationery, bait, ice and liquor.

The building is fully air-conditioned, has quality Italian stone floor tiles, covered deck/seating relaxation area, and a massive 13.2 kWh solar system. Equipment includes fridges and freezers, commercial ice maker, Australian made pie warmer, Wega Atlas two-group coffee machine, Mazzer electronic coffee grinder, mixed zone (snacks + drinks) vending machine, a storage shed, and covered staff and disabled car parking.

This is the only Post Office, store and liquor outlet within 45 kilometres. American River is a quiet fishing village and popular holiday location on Kangaroo Island, South Australia’s premier tourist destination.

The business is easily managed by a couple (one full-time, one part-time) with casual support during peak holiday seasons. It is presently open Monday to Friday 9am to 5pm, and Saturday 9am to 1pm.

Land and building value is approximately $280,000. Pre-tax income to owner is just over $100,000 per annum.

The shop is clean and bright, and well-regarded and loyally supported by locals. Everything is done. Opportunity exists to grow income by increasing opening hours, operating a full six-day week or seven days during peak holiday seasons, or offering a wider range of take-away foods.

Offers around $190,000 plus SAV (approximately $50,000) leasehold, or $440,000 plus SAV freehold.

If you are looking for a sea-change, or a business in a beautiful location which is easy to run and will give great returns on your time and investment, this is the one for you.

Please direct enquires to Lynne Savage 0437 825 911 magic@kangarooislandrealty.com.au

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.