Under Offer Cafe/restaurant With Bar Under Management Turnover $2,000,000+++ Huge Net Profit

UNDER OFFER

THIS BUSINESS IS NOW UNDER OFFER

SUPERB THEME STYLE CAFE/RESTAURANT WITH BAR
FIRST TIME OFFERED
UNDER MANAGEMENT AND FULLY STAFFED
NET PROFIT UNDER MANAGEMENT $269,398
ASKING PRICE $650,000 Plus STOCK $50,000
MODERN CUISINE WITH EUROPEAN INFLUENCE
PRIME LOCATION IN BUSY RETAIL REGION PERTH WA

We are pleased to offer for sale this superb licensed cafe/restaurant. Operating under management the business is an excellent money maker, firmly established and a very popular cafe with bar with immaculate presentation. It operates from modern premises in an excellent unbeatable monopoly location in a highly populated and busy area in Perth Western Australia.

The business is predominately a casual cafe by day and a restaurant & bar in the evenings. It offers patrons a great range of foods – scrumptious and very inviting with excellent menu items such as pastas, pizzas, meats, seafood, burgers, salads, beverages, drinks etc etc. As unique and extensive as the menu is, it is also inviting and offers something for everyone, including vegetarian, kids meals and all those favorite staples loved by diners. As well as dine in, the business also offers takeaway and delivery meals.

The business is very well known and having successfully filled a need since it was established 4 years ago, the business is now an established and well known destination. Sales are averaging well over $160,000 per month (annualized). The business is fully licensed and additionally has an Extended Trading Permit (ETP) allowing the service and consumption of alcohol without a meal as well. The range of drinks and cocktails is excellent and enjoyed by patrons.

The location is amazing and at the center of a a very busy trading area with the cafe enjoying a dominant and commanding position in a regional shopping center. The area is a hub of activity surrounded by multiple developments, homes and businesses, commercial and retail with a continuing growing resident population with a very large and captive market throughout the week as just about everyone loves visiting the area, especially on weekends.

Whether it is for breakfast, lunch or dinner, morning or afternoon tea, drinks or a catch up with friends and family, the cafe offers a lovely ambiance that meets, and exceeds, the expectations of its customers. Turnover is huge with the business enjoying a massive cash cash cash flow that any new owner would love.

Some key features that tick the boxes for the buyer:

The business will, under a conditional contract, pass the most severe Due Diligence.
Under Management with fully Staffed professional operation.
Superb set up. Modern. New. Not A penny extra to spend.
Owner takes a salary. Works in Overseer Capacity Only. Great for the Buyer
The right Demographics: The Location and its surrounds have a strong growing population.
Growing plus Loyal Repeat Customer Base.
Exclusive Location. Very Busy Huge Traffic Flow.
Excellent Inviting Menu. Easy to manage. No Fancy Cooking. All Popular Basics
Fully Licensed with a very valuable bonus ETP (Extended Trading Permit)
The business enjoys very good gross margin (GP) of 70%.
Very good “CASH” “CASH” flow for the owner.
The business is easy to learn, interesting and easy to operate
Simple business model with excellent training and support with handover
The product is not ‘blue sky”. The business provides an in demand continuing service.
With a great menu, a finger on the pulse of customers, and a dedication by the new owners to continue the friendly professionalism and the excellent central location, these are the keys behind the success of this business.

With continuing management and staff, the buyer will find the operation is simple and easy to run. The Seller also offers full training/assistance to to the buyer ensuring a smooth and seamless transition.

The business is offered for sale with a Net Profit $269,398 (2022 Financial Year)

At an asking price of $650,000 plus stock $50,000 (subject to stock take) – an excellent business opportunity for the new Owner.

For information on this business:

Please complete the Inquiry form on this web page and submit.

Telephone John the selling agent or JP Real Estate & Business Agents office on above telephone numbers