Profitable Discount & Variety Store

18 days ago

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Internal Ref: NSW11809

Summary

With a highly efficient and replicable retail model, this business is ideal for multi-site expansion or franchising

About the Business

Profitable Discount & Variety Store - Sales approx. $40,000 p.w. - Long Lease
A fantastic opportunity to acquire a thriving, discount & variety store located in one of Sydney's most sought-after shopping centre precincts on the Northern Beaches. Priced to sell!!Key Investment Highlights:
- High Turnover Business: Generating approx. $40,000 in weekly sales, with an annual turnover exceeding $2 million.
- New Fit-Out:Fully renovated and relocated to a 440 sqm premium site in September 2024 - no further capital investment required.
- Secure Long-Term Lease: Reasonable rental terms for a large-format, high-exposure retail space.New 3+3+3 year lease
- Iconic Local Brand: Highly recognizable and well-loved in the local area, with a strong and trusted trading name that resonates with loyal customers.
- Proven Retail Formula:Unique trading style and effective retail delivery in the "Discount Variety" category - offering a combination of great value, service, and product range, a rare achievement in this segment.
- Prime Position: Ideally positioned near the escalator in a busy retail hub, with excellent foot traffic and easy parking access and close to major anchor tenants
- Strong Stock Position:Seasonally adjusted throughout the year and ready for continued trading.
- Growth & Expansion Potential :Easily scalable business model with high potential to replicate across multiple sites. Also offers a strong foundation to develop a complementary online retail presence for tech-savvy operators.
- Established Supply Chain:Long-standing supplier relationships with well-negotiated sourcing terms. Immediate access to thousands of additional SKUs from current and new Australian suppliers.
- Streamlined Setup:Ideal for Involved operators& well-suited for both experienced retailers and buyers passionate about owningtheir own business



Listing ID:NSW11809

Broker:Jan ForsythPhone:+61 411 510 610Email:[email protected]

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords:Sydney, Northern Beaches, Brookvale, Retail, Discount Store, Variety Store, Homewares, Kitchenware, Toys, Gifts, Furniture, Shopping Centre, High Turnover, Profitable

Ref:NSW11809


Ref: NS

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