About the Business

This is an outstanding chance for a new owner-operator to take over a highly successful business model, established in 1989 and operating from the same prime location since 1996.

Key Features:

Proven & Low-Risk Model:
Stable, long-standing operation with low royalty fees.

Secure Lease:
Current lease runs until June 2030, with a potential renewal option. Rent is $62,400 plus GST per year for a 50 sqm area (approximately $1,400 per week).

Strong Financial Performance:
Average weekly sales of $12,000.

Prime Location:
Situated on the busiest street with enormous foot traffic-en route to the beach and surrounded by a diverse mix of retail outlets.

Growth Potential:
Currently under management, offering a fantastic opportunity for an owner-operator to leverage economies of scale and enhance efficiencies by focusing on improving a store with an already proven track record.