List Price
$358,000 + Stock
Business Overview
We are pleased to offer an exceptional opportunity to acquire a well-established and highly profitable liquor store positioned in the sought-after suburb on Sydney's Upper North Shore. Known for its handpicked selection of rare wines, premium spirits, and boutique craft beers, the store delivers a strong gross margin of over 30% alongside consistent annual turnover.
Backed by a secure lease and operated by an experienced manager, this turnkey business represents a low-risk, high-yield investment requiring minimal day-to-day involvement from the owner.
Business Key Features
· Prime Location Located in an affluent suburb, surrounded by high-income households and minimal direct competition.
· Secure Lease Terms Current 4-year lease with renewal option through to 2029, with annual CPI-based rent adjustments. A new 4+4 lease is currently being finalised.
· Strong Financial Position - Gross Margin Range: 30% and above
· Rent: $3,696/month ($852/week), representing just 8% of revenuewell below industry benchmarks.
· Offers an exceptional range of boutique and rare wines from Australia and abroad, including French and Italian vintages, alongside Japanese whiskies, small-batch gins, and artisan craft beers.
· Supported by an experienced manager, the business runs with operational efficiency and minimal owner input, though an experienced owner-operator could further enhance performance and profitability.
Business Growth Potentials
· Strategic Expansion for Existing Operators A perfect acquisition for liquor retailers, hospitality operators, or boutique food and beverage brands seeking a presence in Sydney's affluent upper North Shore. Utilise this location as a flagship outlet or testbed for upscale retail formats.
· Other Sales Channels - Explore wholesale opportunities with high-end hotels, corporate offices.
· Develop recurring revenue through curated wine or whisky subscription boxes tailored to high-income professionals in surrounding areas.
· Capitalise on local demand by launching an online store with fast delivery services in the surrounding suburbs.
Trading Hours
Mon-Tues: 12:00PM 7:00PM, Wed-Sat: 11:00AM 8:00PM & Sunday: 11:00AM 6:00PM.
Employee
3 x Part time.
Lease Details
· Lease commenced on 01/06/2021 & expires on 31/05/2025 with 4 Years Renew Option. A new long-term 4+4 lease is in the process of being signed.
· Lease has CPI annual rent review & requires Bank Guarantee 6 Months' Rent & Outgoings + GST.
· Current Monthly Rent: $3,360 + GST with Outgoings $603 per month.
· Premises total lettable area is approximately 120 sqm including separate extra storeroom, Office space and 2 x Coolroom.
Property Code: 190
