About the Business

All serious offers considered - New long lease with no increases for 3 years, busy corner location in affluent Sydney Suburb near Neutral Bay. First time on the market! A local retail shop specialising in kitchenware, homeware and giftware - Priced at $75,000 + SAV (Seasonal)

 

Key Features

 - Weekly average takings approx. $9,000 - $10K inc. GST per/week - Can reach 40k per week over Christmas
- Easy to run business and no special skills required - very well established
- Rent $2,703 p.w. ex GST - Nil increases for 3 years and then 3% - 3-month bond
- Open 7 days
- Suit other retail or even introduce a cafe section (STA)
- Long new lease July 2022- July 2025 + 5-year option (Expires July 2030)
- Lifestyle business, beautiful presentation, first to see this niche business will love it.
- Excellent corner location in an affluent area with good foot traffic
- Opportunities for further growth with a new owner or couple

Established in 1982, and with the present owner since 2002.  Quality products and an extensive range. Easy to run retail business in an affluent North Shore location.

Listing ID: NSW10698

Broker: Jan Forsyth
Phone: +61 411 510 610
Email: jan.forsyth@linkbusiness.com.au

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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 information provided.

Keywords: Kitchenware, Homeware, Retail, Near Neutral Bay in Lower North shore Sydney, Long Lease

Ref: NSW10698
Ref: NSW10698
Timestamp: 20240319100005