Auto parts retailer Autobarn shopping for stores

Auto parts retailer Autobarn shopping for stores
Auto parts retailer Autobarn shopping for stores

Auto accessories and parts firm Autobarn is on the lookout for sites with high visibility as it seeks to grow its network of stores across Australia.

The company has 121 stores across the country and has set a growth target of 200 stores in five years, it said in a media release.

The Australian company said it was seeking high-profile roadside locations at existing retail locations or greenfield sites, and is open to specific terms for each lease with every Autobarn franchise or a company-owned store. 

The company recently launched new stores in Canberra and Sydney.

Earlier this year, Autobarn also secured a showroom at the Millers Junction precinct in Altona North for $2.36 million.

Autobarn says its stores range from 500 sqm to 1,500 sqm, and size flexibility is a key point property owners and retail site developers can play on.

The company differentiates from competitors in that motorists can also have selected “parts and accessories fitted quickly and easily at each location, without the need for a full automotive workshop”.

In its pitch, the automotive retailer said property owners would only benefit from leasing out their premises to a brand like Autobarn.

Tags: 
Retail Commercial Property

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