08 8361 3074

Parndana Bakery Cafe & Groceries

Business & Freehold $490,000

Business Description

The Parndana Friendly Grocery Store (locally known as Parndana Bakery, Cafe & Groceries) was started nearly 75 years ago as the General Store for Parndana (which was the soldier settlement area on Kangaroo Island) and all the surrounding farming areas. Situated right in the heartland of Kangaroo Island, the township is the launching place for tourists visiting the Northern and Western part of the island and is often a stop off point for visitors heading to or from Flinders Chase National Park.

Parndana is one of the four major towns on Kangaroo Island and has an area school (Reception to Year 12), Health Centre, Post Office, 2 fuel outlets, hotel, sporting complex for football, netball, tennis, cricket, basketball and softball, Lawn Bowls club, Church, laundromat and there is a pre-school currently being built next to the school. As such, it is the hub for the locals living in the vicinity.

Accompanying the business is an adjoining residence with three bedrooms, one bathroom and an office.

Safe, secure and serene, this business is in an excellent location to maximise sales potential whilst offering a wonderful environment for a family to live and grow.

At a Glance

  • Business & Freehold opportunity
  • Established nearly 75 years ago
  • Excellent location
  • Increasing sales
  • Operates 7 days per week

Simon Winter 0419 828 689


Extended Price Information

Goodwill including Plant & Equipment $10,000
Stock at valuation (approx) $140,000
Freehold Property $340,000
$490,000

Staff Summary

The staff (two) work on average a total of 30 hours per week

Freehold Summary

Area 910㎡
Certificate of Title Volume 5230 Folio 246 & 247
Zoning Township/11 - Parndana

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