Price Range: from $200 to $2,500,000
Land Area Range: from 10 m2 to 1,000 m2
Other Features
  • 16 小时 ago
  • 20 views

Northern Beaches Tobacconist & Asian Convenience Store for Sale

$50,000

Description

Asking Price: $50,000

A rare opportunity to acquire a tobacco and Asian convenience retail business located in the core residential precinct of Dee Why, on Sydney’s Northern Beaches. The store is positioned on a street-front location and is surrounded by established apartment communities, supermarkets, restaurants and schools. The business primarily services the everyday convenience needs of local residents and benefits from a stable customer base..

The premises have been recently renovated and are fully fitted with all required fixtures and equipment. The store is presented in good condition and no additional capital expenditure is required to continue operations. Current average monthly turnover is approximately $56,000.

Lease Details:
• Lease term: 3 years + 3 years option (commencing 2 December 2024)
• Annual rent: $80,000 + GST (with 5% annual increases)
• Total floor area: approximately 115 sqm, including a separate storage area (approx. 5 sqm)
• The lease includes three dedicated car spaces

Investment Highlights:
• Street-front store in Dee Why’s core residential precinct, established community, high-frequency consumer demand
• Recently renovated premises, store conditions superior to comparable businesses
• Stable lease with a reasonable rental structure
• Google 5-star rating and established online presence
• Simple operating model, stable trading performance with growth potential

This opportunity is suitable for:
• Owner-operators
• Investors seeking stable cash flow
• First-time buyers looking to enter the retail sector with a relatively low entry cost

Further information available upon request.

Overview

  • Address Dee Why
  • Country Australia

Details

  • Property ID 221
  • Price $50,000
  • Property Type
  • Property Status

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Northern Beaches Tobacconist & Asian Convenience Store for Sale

Grant Hu

Business Consultant