Two discount variety stores, arts and craft e-commerce
Photos: LINK Business Brokers
About the business
A retail group with two discount variety stores and an arts and craft retail and e-commerce business in Wollongong, New South Wales. It has traded for more than 20 years. Staff manage day-to-day operations. A comprehensive handover is included. The reason given for the sale is that the vendor is selling after more than 20 years. The broker reports local, repeat and tourist customers and an experienced team managing day-to-day operations.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$1,400,000
Paid by
Your cash$420,000
Secured loan, 7 years at 6.98%$980,000
Each month
Loan repayment$14,780
Repayments each month
$14,780
Over 7 years you repay $1,241,625, of which $261,625 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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