Retail store for sale, Sydney NSW
At a glance
- Lease
- Current lease expires July 2030 - 3 months bond - rent increases by 4% per year.
About the business
A business that transforms retail, hospitality and residential spaces through fit-out construction, in Sydney, New South Wales. It has been an interior and shop fitting company for 35 yrs (since 1994). It trades 6 days, Monday to Saturday, 9:00 am to 6:00 pm, with 2 owners (management), 5 full timers and 20 casuals. The factory is 1000 sq.mts., with 200 sq.mts. inside and an 800 sq.mts. outside yard, and the current lease expires July 2030. 3 vans and machines for products (joinery machine, cabinets machine, building components etc.) are included. The reason given for the sale is private reasons, one partner retiring. The broker reports it builds or fits out 50-100 shops per year and has a good reputation.