Homewares, Retail And Gift Store In Sydney

Homewares, Retail and Gift Store in Sydney

All serious offers considered - first time on the market! A very well-established and iconic business in the area since 1982. This local retail shop specialises in kitchenware, homewares, and giftware. Located in a busy corner position in an affluent Sydney suburb near Neutral Bay. Priced to sell at $45,000 + SAV (Seasonal).

Key Features:
• Weekly average takings approx. $8,000 - $10,000 inc. GST per week - can reach $40,000 per week over Christmas
• Good handover period with vendor providing supplier introductions
• Excellent ordering, inventory, and POS (point of sale) systems in place
• Easy-to-run business, no special skills required - very well established
• Rent: $2,703 per week ex GST - 3-month bond
• Open 7 days a week
• Potential to introduce a juice and/or cafe section (STA) due to the proximity of nearby gyms - could also suit any other retail concept
• Long new lease from July 2022 - July 2025 + 5-year option (expires July 2030)
• Lifestyle business with beautiful presentation - first to see this niche business will love it
• Excellent corner location in an affluent area with good foot traffic
• Potential for further growth with a new owner or couple
• Reason for sale: Owners retiring

Quality products and an extensive range. Easy-to-run retail business in an affluent North Shore location. There is potential for new owners to increase revenue through the online shop, as Shopify has now been set up.

Listing ID: NSW10698Broker: Jan ForsythPhone: XXXXXXXXXX Email: XXXXXXXXXX

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Keywords: Kitchenware, Homewares, Retail, Near Neutral Bay, Lower North Shore Sydney, Long Lease

Ref: NSW10698
Ref: NSW10698
Timestamp: XXXXXXXXXX 0003