Legendary Perth Small Bar - Rare Reversionary License - Average Net Profit $168,000 - Asking Only $225,000 Psav - Under Offer - Backup Offers Welcome

Business For Sale Perth, Western Australia 6000

Business Category Restaurant

$225,000 PSAV

Description

Legendary Perth Small Bar - Rare Reversionary License - Average Net Profit $168,000 - Asking Only $225,000 Psav - Under Offer - Backup Offers Welcome

ONE OF PERTH’S ORIGINAL SMALL BARS

AND STILL A LEGEND

THE 399 BAR

This is the ultimate neighborhood Small Bar!

The owner has recently moved to Mandurah where he has other business interests.

There are huge number of reasons why this business opportunity is worthy of your consideration:


Great Location at “Top” of William St Northbridge with strong local patronage
Property Lease until 2033 with rent of UNDER 9% OF SALES
Wages (Ex-Management) of UNDER 18% OF SALES
A robust fitout with an excellent repairs & maintenance outlook
A very rare “NON-REVERSIONARY” Liquor License
An average adjusted net profit for the last 2 full years of $168,000
Manager in place should a buyer wish to work on this business, rather than in it


All of this for only $225,000 PSAV

If you think you can take this well-established business to the next level, call us today to know more about this golden opportunity.
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Smart Sales Brokers Admin
  • Smart Sales Brokers Admin

Bsale ID: 579084
Broker REF: 318941

Smart Sales Brokers Pty Ltd
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