This long-standing convenience store is located on the highly sought-after Elizabeth Street in Surry Hills, surrounded by high-density residential buildings, offices and cafés, with steady commuter foot traffic throughout the day. The shop enjoys excellent street exposure and has built a loyal customer base driven by repeat local buyers.
The business provides a broad selection of everyday essentials including groceries, snacks, beverages and tobacco products, catering to both quick purchases and routine neighbourhood demand. With a simple operational model and consistent year-round sales, the store offers a reliable income stream and low operational complexity.
Given its strong location, stable turnover and ease of management, this is a rare inner-city retail opportunity well suited for an owner-operator, family business, or first-time buyer seeking a low-risk entry into the convenience sector.
Business Overview
Floor Area: 78sqm
Original Lease Term: 5 years + 5 years option
Remaining Lease: 2.5 years + 5 years option
Rent: $5,700/month (all-inclusive)
Staff: 1 Full-time + 1 Casual
Store Layout
Street-front shop with strong visibility
Open-plan layout with wide shelving space
Dedicated tobacco display/storage area
Rear storage space for stock handling
Investment Highlights
1. Stable & Proven Business
• Strong annual turnover with steady daily sales
• Simple operation model — easy to manage and handover
2. Prime City-Fringe Location
• Street-front exposure on busy Elizabeth St
• Surrounded by dense residential and office population with repeat customers
3. Tobacco License Included
• High-margin product category with consistent demand
• Strong repeat purchase behaviour from local clientele
4. Stock-On-Hand Included
• Approx. $20,000 inventory ready for immediate operation
• No additional upfront stocking cost for the incoming owner
Business ID: BUSI 187
