List Price
EOI
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 – Newly signed 4-year lease with renewal option through to 2033, with annual CPI-based rent adjustments.
- Strong Financial Position - Gross Margin Range: 30% and above
- Rent: $3,880/month ($895 per week), representing just 8% of revenue—well 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 01/06/2025 & expires on 31/05/2029 with 4 Years Renew Option.
- Lease has CPI annual rent review & requires Bank Guarantee 6 Months’ Rent & Outgoings + GST.
- Current Monthly Rent: $3,880 incl. 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
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