Bargara's popular Bauer St convenience store closes
AFTER more than 27 years serving the community, Bargara's Bauer St convenience store has closed its doors for the final time.
The business was most recently called Bargara Beach Lucky 7 Convenience Store and was for sale with CBD Realty agent David Radonich for a "considerable amount of time".
"It's been on the books for sale for some time," Mr Radonich said.
The sale price of the business had been dropped several times and was sitting at $50,000 plus SAV (stock and valuation).
But Mr Radonich said he said was unaware the business was no longer trading and said would need to check with his clients today.
Mr Radonich said there had been quite a bit of
interest in the property from time to time.
"And to be quite honest, I've had an inquiry on it over the weekend over the
internet," he said.
"But no, I didn't have any joy with selling it."
Mr Radonich felt the business was sellable.
"It was quite a tidy business," he said.
"They'd changed it from a convenience store to sort of an all-rounder.
"They were selling a bit of everything in there, fishing gear and diving gear and just stuff that fitted well with the area."
But he reiterated he had "no idea" why the owners of the business decided to close.
The online listing of the business on the CBD Reality website features copy in red font: "Price dramatically reduced, so be quick to capitalise on the opportunity to own this profitable family operated business."
Mr Radonich said his clients had been hoping for a timely sale.
"They were keen to move on and get going elsewhere," he said.
He said after the owner's decision to close, it now looked like the business was off the market.
"I guess if they've closed it down then there's probably nothing to sell there now," he said.
Mr Radonich said he couldn't sell a business that wasn't trading.
"But there are always opportunities for someone to go in there and lease the shop and start something up again from scratch."
Mr Radonich said it was disappointing to see.
"It is a bit of a shame when those sort of businesses close down when they've been there for so long," he said.
"But I think with Woolwort's and IGA down there, it's probably difficult to be a convenience store in there when you've got the competition of those bigger guys."
The owners of the business could not be contacted.