Is This The Best Country Pub In Wa?

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Western Australia

Under Contract / Offer

Key Features

AI generated. Contact seller to confirm.

Located in high growth residential and tourism corridor
Monopoly "A Class" liquor licence in the town
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
Gross profit margin way above industry KPI at 60% of sales
2024 financials showing a 7.2% sales growth for the third year running

Turnover: Not disclosed
Net Profit: $400,000
Rent/Lease: New lease available with rental of only 4.1% of sales, total tenure of 30 years
Stock Value: 50000
Established: Since 1905

Business Details

Business Category Pubs Restaurant

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

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