Tavern With Immaculate Presentation In Bull’s Eye Location

LOCATED IN A LARGE SHOPPING CENTRE WITH SUBSTANTIAL CONSISTENT ANNUAL PEDESTRIAN TRAFFIC WITH LONG-TERM GROWTH
16 YEARS REMAINING ON THE LEASE WITH NO PERSONAL GUARANTEES
HIGH QUALITY FITOUT IN EXCELLENT CONDITION WITH REGULAR EQUIPMENT MAINTENANCE, NOTHING TO SPEND
BREWERY FACILITIES, ALCOHOL MANUFACTURERS LICENSE, NO SPECIALIST SKILL TO OPERATE
DOES NOT UTILISE ALL OF ITS LICENSED TRADING HOURS
RESTRICTED TAVERN LICENSE ALLOWS A PATRONAGE OF 470 PERSONS
PLANT & EQUIPMENT AND LEASEHOLD IMPROVEMENTS WITH A BALANCE SHEET WDV OF $900,000
LESS THAN $80,000 IN TRADING STOCK REQUIRED
FULLY MANAGED VENUE SINCE INCEPTION WITH NO OWNER INVOLVEMENT DAY TO DAY AND EXCELLENT TEAM IN PLACE
HAS DEMONSTRATED AN ABILITY TO SHOW AN EBITDA OVER $900,000
AVERAGE SALES $5.0M ON THE LAST 4 YEARS

ASKING PRICE: OFFERS IN EXCESS OF $500,000 PSAV

FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON  XXXXXXXXXX

PLATINUM BUSINESS SALES

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS