High-End Liquor Retail Business – Affluent East Killara, Turnkey Operation

9 days ago

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Summary

ANND Commercial Real Estate is delighted to present a unique opportunity to acquire a well-established and high-margin liquor store situated in the affluent suburb of East Killara.

Revenue

$550,000 pa

Rent

$42,700 pa

Location Details

Situated in East Killara’s prestigious residential area, surrounded by high-income households and minimal direct competition.
Close to local schools, parks, and upscale dining, ensuring consistent foot traffic and customer loyalty.

Potential

* Online Expansion: Launch e-commerce for local delivery (3km radius covers 15,000+ high-income homes).
* Subscription Services: Curated monthly wine clubs targeting professionals in Killara/Gordon.
* Corporate Partnerships: Supply luxury hotels (e.g., Intercontinental Sydney) and law firms in North Shore.
* Tasting Events: Host paid masterclasses with sommeliers to boost footfall and loyalty.

Hours

7 Days Operation;
Mon - Tue 12am - 7pm;
Wed - Sat 11am - 8pm;
Sun 11am - 6pm

Lease

Secured until 2024 + 5-year option (extendible to 2029).

Employees

1 full-time + 1 owner

About the Business

【Summary】
ANND Commercial Real Estate is delighted to present a unique opportunity to acquire a well-established and high-margin liquor store situated in the affluent suburb of East Killara. This premium bottle shop generates approximately $550,000 in annual revenue with an impressive 35%–40% gross margin, making it a highly profitable and low-risk investment. Supported by a secure 5+5-year lease and a seasoned manager, this turnkey business is perfectly positioned to capitalize on the strong local demand for curated wines, rare spirits, and luxury beverages.


【Key Features】

** Prime Location:**
• Situated in East Killara’s prestigious residential area, surrounded by high-income households and minimal direct competition.
• High visibility and easy customer access with ample parking.

**Financial Performance:**
• Annual Revenue: ~$550,000
• Gross Margin: 35%–40%, benefiting from premium product pricing.
• Low Rent: $3,560 per month ($823 per week), representing just 6% of revenue—well below industry averages.

**Curated High-End Inventory:**
• Specializes in rare and luxury wines (e.g., Barossa Shiraz, Margaret River Cabernet), Japanese whisky, and premium craft beers.
• Established direct relationships with Australian and international suppliers, including French and Italian vineyards.

**Stable Lease Terms:**
• Lease: Secured until 2024 + 5-year option (extendible to 2029).
• Fixed annual rent increases aligned with CPI Rates.
• 120sqm retail space with premium shelving, climate-controlled storage, and modern POS systems.

**Manager-Run Simplicity:**
• Long-term manager with 5+ years’ experience overseeing daily operations and supplier relationships.
• Minimal staffing requirements, ensuring operational efficiency and low labor costs.

【Potential Growth Opportunities:】

**Online Expansion:**
• Launch an e-commerce platform for local delivery within a 3km radius (covering over 15,000 high-income households).

** Corporate Partnerships:**
• Establish B2B supply agreements with luxury hotels and corporate offices in North Shore.

**Tasting Events & Masterclasses:**
• Host exclusive wine and whisky tasting events to attract high-value customers and strengthen customer loyalty.


【Operation Hours】
7 Days Operation;
Mon - Tue 12am - 7pm;
Wed - Sat 11am - 8pm;
Sun 11am - 6pm

【Disclaimer:】All information provided is based on vendor details and is subject to independent verification by interested parties.

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