Business Under Offer Western Australia
Business Category Pubs Restaurant
Under Contract / Offer
Description
Is This The Best Country Pub In Wa?
LOCATED IN HIGH GROWTH RESIDENTIAL & TOURISM CORRIDOR 15 MINS FROM MAJOR REGIONAL CENTRE AND 20 MINS FROM THE BEACH
MONOPOLY “A CLASS” LIQUOR LICENCE IN THE TOWN
TRADING FROM THIS LOCATION SINCE 1905
NEW LEASE AVAILABLE WITH RENTAL OF ONLY 4.1% OF SALES (TYPICALLY 7-10%) AND TOTAL TENURE OF 30 YEARS
FIRST & LAST RIGHT OF REFUSAL OVER FREEHOLD
MULTI-AWARD WINNING FOOD TRADE SERVING 400 – 500 MEALS PER WEEK
OWNER CURRENTLY WORKING ONLY 4 DAYS PER WEEK WITH VENUE MANAGER AND EXECUTIVE CHEF IN PLACE
MINIMAL STOCKHOLDING (APPROX. $50,000)
GROSS PROFIT MARGIN (2024) WAY ABOVE INDUSTRY KPI AT 60% OF SALES
2024 FINANCIALS SHOWING A 7.2% SALES GROWTH (3RD YEAR RUNNING) AND AN ADJUSTED NET PROFIT OF $400,000 (TO A WORKING OWNER)
ASKING PRICE: $1,175,000 + S.A.V APPROX. $50,000
TOTAL ASKING PRICE: $1,225,000
FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON XXXXXXXXXX
PLATINUM BUSINESS SALES
PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS
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