Prime North Sydney Food Business – Lifestyle Opportunity – $190K

2 days ago

Private Seller

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Summary

Premium 8.5m² North Sydney food shop. Rent only ~$600/week. $300K+ fit-out, cool room & storage. Mon–Fri 10–2:30. Prime location. Ideal owner-operator lifestyle business.

Revenue

$5,200 pw

Rent

$600 pw

Expenses

$2,600 pw

Net Profit

$2,000 pw

Location Details

80 Mount Street, North Sydney NSW 2060
Prime Mount Street location in the heart of North Sydney, surrounded by major office towers and busy weekday foot traffic. Moments from North Sydney Metro and train station, in a popular food precinct with excellent visibility and access.

Potential

Huge potential to grow by extending hours, opening from 6am, adding evenings or weekends, and introducing smoothies, fresh juices, teas and other drinks currently not offered. Expand into catering, corporate deliveries and platters, supported by the large downstairs prep/storage area and cool room. Ideal for an owner-operator, new concept or franchise. Coffee may require landlord approval and should be confirmed before introducing it. Keep the lifestyle hours or expand—the choice is yours.

Skills

Great opportunity for a first-time business owner due to the low rent, low overheads and manageable size. Best suited to a hands-on owner-operator with good business and food-service skills, or bring in an established franchise. Greenhouse branding, menu, recipes, products, systems and training are not included.

Hours

Currently Mon–Fri, approx. 10am–2:30pm. Huge potential to open earlier, evenings, weekends & public holidays.

Lease

Approx. 3 years remaining + 5-year option to Oct 2034. Fixed 3.5% annual rent increase. Secure long-term lease.

Employees

Currently operated entirely by 2–3 staff with no owner involvement. For maximum profit and potential, we recommend a hands-on owner-operator who can replace much of the staffing cost and actively grow the business

Reason for Sale

The owners are focusing on other businesses and family commitments and no longer have the time to be hands-on. This creates a great opportunity for a motivated owner-operator to take over, give the business personal attention and unlock its full potential.

About the Business

Prime North Sydney Food Business – $190,000

Rare opportunity in the heart of North Sydney on Mount Street, surrounded by major offices and moments from Metro and train connections. Established since 2020 with a $300,000+ quality fit-out. Compact and highly efficient 8.5m² shop, plus large downstairs storeroom, cool room, extensive prep bench space and outdoor terrace.

Approx. $5,200 weekly takings
Potential $2,000+ weekly owner-operator profit
Rent approx. $600/week + only $30/week outgoings
Approx. 3 years remaining + 5-year option till October 2034
Perfect lifestyle business for a couple or family
Monday–Friday, approx. 10am–2:30pm
Weekends, evenings & public holidays FREE
Currently fully staff-run – owners not required on-site
Huge potential for breakfast, catering, platters, deliveries, evenings or weekends
Great opportunity for a first-time owner, experienced operator or franchise
Fully fitted and ready for your own concept

Greenhouse brand, recipes, menu, products, systems and training are not included. Buyer introduces their own brand and concept from day one. Ideal for light food preparation, salads, sandwiches, poké, desserts, juices, smoothies, takeaway or similar concepts. The premises are not set up for heavy cooking — there is no commercial exhaust or grease trap, either in the shop or downstairs preparation/storage area. Heating and light food preparation are suitable.

Asking $190,000

History

Greenhouse Asian Salads opened this North Sydney location in 2020 and traded successfully for six years. As the Greenhouse operation grew, the small site became too limited and much of the operation moved to Kirribilli. Today, the North Sydney shop focuses mainly on salads, soups and starters, without smoothies or fresh juices. Now it’s time for a new owner to take over this great location and create their own history, with their own brand, menu and concept.

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