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18 Buick Drive AMERICAN RIVER SA 5221


18 Buick Drive, AMERICAN RIVER SA 5221

Successful retail business in Kangaroo Island. Mix business with pleasure. Motivated Vendor, submit all offers.

Sold $230,000
Inspection Times

American River LPO and General Store is your pathway to a wonderful and profitable lifestyle. The business is situated within the authentic village atmosphere of the township of American River (Kangaroo Island) and is classified as an essential business.
The business has shown impressive turn-over growth in the last 12-18 months and proven to be a profitable and resilient business in what has been problematic times for many businesses. Operating on a 5.5 days per week basis there is ample room for additional business growth. Form 2 document has been prepared and available for your inspection. Turn over is $400,000 +!
Currently offering the local community and holiday makers a broad range of general store provisions, Post Office services (training is required by Australian Post), 200 post boxes (approx.), alcohol provision, bottled gas and much more. Nearest competitor is a 30 minute drive. Clientele for the business come from a loyal local community of 240 people (approx.), several hundred additional families live in surrounding areas and of course a significant influx of tourists throughout the year.
With a large rise in intra and interstate travel, along with the likely opening of international tourism in early 2022, the future of the American River LPO and General Store looks financially sustainable and pleasing going ahead.

Property Features
  • Retail
  • Studio bed
  • Land is 130 m²
  • Floor Area is 130 m²
  • 10 Car Spaces
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