Business Summary

This is an excellent opportunity for a new owner-operator to take over an established business model that has been successful since 1989 and in the same location since 1996. The key features of this opportunity include:

Low-risk business model with low royalties' fees.
Current lease till April 2027 for $62400 pa plus GST rent for a 50 sqm area.
COVID recession-proof business with  over $700k netsales during FY 2021/ 2022 .
Option to convert it into an independent store.
The business is located on the busiest street with enormous foot traffic (way to the beach) and is surrounded by several varieties of retail outlets. An owner-operator can utilize economies of scale and improve efficiencies by focusing on improvements to a store currently under management.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.Purchasers are required to make their own enquiries in order to verify the information provided

Property Details