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 royalty' fees.
Current lease till April 2027 with 5 year renewal option for $62400 plus GST rent for a 50 sqm area.
Average weekly sales $12k and rent $1400
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.
