Institution Family Dining Restaurant - 20 Year Lease!

Institution Family Dining Restaurant 616394 1

Institution Family Dining Restaurant 616394 2

Western Australia

SOLD

Key Features

AI generated. Contact seller to confirm.

Iconic family dining restaurant
Packed every night with loyal customers
Ample seating capacity
Restaurant liquor license
Huge potential for delivery services
Plenty of customer parking available

Turnover: $2,340,000 - $2,600,000 per year
Net Profit: Not disclosed
Rent/Lease: 20 year lease in place, starting rent $8,000 per month + GST + outgoings
Stock Value: Approximately $20,000
Established: Over 30 years

Business Details

Business Category Cafe Restaurant Takeaway

ESTABLISHED FOR OVER 30 YEARS AND OWNED BY THE SAME FAMILY FOR OVER 25 YEARS!
ABSOLUTE ICON OF AN ESTABLISHMENT WITH A LIFESTYLE BALANCE
CLOSED MONDAYS, TUESDAYS AND FOR 6 WEEKS OF THE YEAR! NO LUNCHES – JUST EVENING TRADE
LOVED BY ITS CUSTOMER BASE – THE SAME CLIENTS FOR YEARS!
PACKED EVERY NIGHT! – QUES AT THE DOOR
AMPLE SEATING CAPACITY
RESTAURANT LIQUOR LICENSE
$45K - $50K WEEKLY SALES
NO UBER EATS – WITH HUGE POTENTIAL TO ADD IF DESIRED
20 YEAR LEASE TENURE WITH STARTING RENT OF $8,000 PER MONTH + GST + OUTGOINGS
PLENTY OF CUSTOMER PARKING AT YOUR DOOR
RARE OFFERING – ENQUIRE WITH CONFIDENCE FOR EXPERIENCED OPERATORS!

ASKING PRICE $720,000 + STOCK OF APPROX. $20,000

TOTAL ASKING PRICE $740,000

FOR FURTHER DETAILS PLEASE CONTACT JONATHON PARKER ON XXXXXXXXXX or XXXXXXXXXX