Business For Sale Perth, Western Australia 6000
Business Category Restaurant
Legendary Perth Small Bar - Rare Reversionary License - Average Net Profit $168,000 - Asking Only $225,000 Psav - Under Offer - Backup Offers Welcome
ONE OF PERTHS 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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