Price: $50,000 + Stock
The owner is motivated to sell and will consider all reasonable offers.
Located in a premium Lower North Shore area with strong local spending and a stable customer base. The shop has been beautifully fitted out, with close to $300,000 spent on the renovation and fit-out.
- Approx. 120 sqm shop plus storage area
- Strong gross profit margin of 35%+
- Established range of boutique wines, spirits and beers
- Stable staff team with a manager running the day-to-day operations
- Current owner is not involved in daily operations — ideal for an investor
- Great opportunity for an owner-operator to improve profits further
- Secure lease with fixed 3.5% annual rent increases
- Current monthly rent: $11,992.63 incl. GST
There is also potential to grow the business through wine tastings, membership events, corporate orders and local delivery.