Business Under Offer Western Australia
Business Category Cafe and Coffee Shop Catering Restaurant Takeaway Food
Under Contract / Offer
Description
Sold Sold Coffee Shop Cafe Best Net Profits $340,000 Perth Western Suburbs
NOW SOLD SOLD SOLD SOLD
SIMPLY THE BEST CAFE TO COME ON THE MARKET. SUPERB SUPER PROFITABLE WITH NET PROFITS OF $340,000 PER ANNUM. TOP WESTERN SUBURBS LOCATION. DINE IN OR ALFRESCO. HUGE COFFEE SALES. GREAT LEASE. EXTENSIVE NO 1 PROFESSIONAL QUALITY PLANT, EQUIPMENT & FIT OUT.
ASKING PRICE $750,000 (plus stock up to approx $20,000 subject to stock take)
IT IS WITH PLEASURE AS EXCLUSIVE APPOINTED AGENTS TO OFFER THIS MAGNIFICENT BUSINESS FOR SALE ON BEHALF OF OUR CLIENT. THIS IS A BUSINESS ON EVERYBODY'S WISH LIST TO BUY.
AMAZING CAFE WITH HUGE NET PROFITS PER ACCOUNTS
Net Profit 2021 FY $307,166
Net Profit 2022 FY $337,884
Current 2023 FY $340,000 Net Profit Tax Figures for current year.
EXCEPTIONAL CASH RICH BUSINESS
This business is a household name having been established almost 24 years ago. It maintains its position in the area as one of the busiest and most successful hospitality/food & cafe businesses. It is a dedicated cafe which monopolizes its market and has become an institution loved by its customers and enjoys a loyal and growing clientele.
The business offers a superb yet moderately priced menu from magnificent breakfast items, from pancakes and French toast to eggs and big breakfasts, to luncheon and snack items, toasties and wraps and comfort food such as gourmet burger items, as well as tasty curries, to seafood, bakery lines, soups and salads and even a kids selection. A complete drink and beverage menu with juices, smoothies and iced drinks of all kinds, together with a full selection of the best coffees, lattes, teas and hot chocolates completes the menu's offerings.
Whether inside or relaxing alfresco at the front of the cafe customers love the place. It appeals to the young and old and is a favorite with families, locals and visitors to the area alike. Whether it's time for a morning coffee or some breakfast, a lunch meeting or afternoon tea, or just to sit and enjoy the day with over latte or cappuccino with friends, the cafe is always busy and "buzzing with atmosphere"
The business operations are regimented and the business runs easily under the management of the owners and supervision of the staff. Key personal are well trained and require little supervision. It is an ideal business for a new Owner whether an investor, husband/wife team, a partnership or a sole business owner/operator.
The ease of operation of this business is a very important consideration for any investor, and indeed the business ticks all the boxes of any business buyers' wish list:
Key Features:
Super Profitable Cafe With Inside and Alfresco Seating
Prime Central Unbeatable Location.
Solid Secure Rock Solid Business.
Financial Records and Data Immaculate will pass the most thorough accountant's inspection.
Excellent Lease and Reasonable Rent and Low Rent Reviews.
Massive Turnover $1.25 million with Huge GP
Extensive Superb Plant & Equipment.
All Systems and Staff in Place.
Owners in Management Role. Ideal for the New owner to takeover.
Strong Solid Continuing Growth in Turnover regardless of the economy or past Covid effects
Superb Wealth Creator – Cash Cash Cash Flow
In Western Australia the hospitality and cafe industry is underpinned by continued strong growth in the popularity of relaxed and casual dining. Not only is there a pre-existing demand for family style venues offering comfort food in alfresco style cafes and coffee houses, but the industry is also known to be one of the most stable business sectors.
This Cafe typifies the best and most desirable features in a business – longevity, stability, growth and Profits
As exclusive selling agents JP Real Estate & Business Agents are privileged to offer the this exceptional business for sale.
And thus it is time to hand the business to the new Owner. Though the business is strong, and continues to grow each year, the owners are wishing to retire and thus are selling for personal non business reasons.
The business is offered for sale for $750,000 (plus Stock $20,000 approx subject to stock take)
An Excellent Business Opportunity For The New Owner
For information on this Business call or text John on the above telephone number
or complete and submit the email inquiry form
THIS BUSINESS HAS GONE UNDER CONTRACT AND SOLD SOLD
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