About the Business

ProfitableDiscount Retail Store -Northern Beaches

Approx. $2.2M+ Annual Turnover | Minimal Owner Input | Long Lease

Seeking Expressions of Interest + Stock

A rare opportunity to acquire a thriving, large-format discount variety store located in one of Sydney's most sought-after shopping centre precincts on the Northern Beaches.

Key Investment Highlights:
- 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.
- High Turnover Business: Generating approx. $40,000 in weekly sales, with an annual turnover exceeding $2.2 million.
- 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
- 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
- Strong Stock Position:Current inventory valued at approx. $343,000-seasonally adjusted 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.
- Low Complexity Operation:A relatively simple-to-manage business, well-suited for both experienced retailers and first-time operators.

Listing ID:NSW11809

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

Broker: Sabrina XiaPhone: + 61 2 9899 1999 / +61 434 462 388Email:[email protected]

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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 inf