Western Australia
SOLD
Key Features
AI generated. Contact seller to confirm.
- Waterfront main road corner position
- Exceptional 70% GP in 2022 and 2023
- High profile with large licensed alfresco dining
- Short trading hours, easy to manage team
- Systemised management structure in place
- Continuous marketing campaigns year round
- Turnover: $3,500,000
- Net Profit: $900,000
- Rent/Lease: 20 year lease tenure
- Stock Value: Included
- Established: Over 30 years
Business Details
Business Category Restaurant
- SOUTH OF RIVER LOCATION
- WATERFRONT MAIN ROAD CORNER POSITION
- AVERAGE EBITDA OF OVER $900K FOR 2023FY & 2022FY!
- EXCEPTIONAL 70% GP IN 2023FY & 2022FY
- HIGH PROFILE WITH LARGE LICENSED ALFRESCO DINING
- A1 REPUTATION IN THE AREA FOR TOP CLASS FOOD AND BEVERAGE OFFERING
- SHORT TRADING HOURS – EASY TO MANAGE SMALL TEAM
- 2023FY TURNOVER CIRCA $3,500,000 (EX GST)
- 20 YEAR LEASE TENURE OFFERED WITH CURRENT RENT $8,117.13 + GST + OUTGOINGS
- RENT IS REPRESENTING 2.8% OF ANNUAL SALES!!
- PROSPECTIVE BUYER TO BENEFIT FROM EVEN MORE GROWTH IN THE AREA IN THE YEARS TO COME
- CURRENTLY OPERATING 5 DAYS A WEEK
- CRISP MODERN WELL PRESENTED DÉCOR THROUGHOUT
- SYSTEMISED MANAGEMENT STRUCTURE IN PLACE
- CONTINUOUS MARKETING CAMPAIGNS YEAR ROUND AND AN EXTENSIVE DATABASE OF CLIENTS
- SMALL BAR LIQUOR LICENCE
- A BUSINESS THAT WILL SATISFY SCRUTINY FROM ASTUTE OPERATORS
FOR FURTHER DETAILS PLEASE CONTACT JONATHON PARKER ON XXXXXXXXXX or XXXXXXXXXX
PRICE: $1,950,000 INC STOCK
PLATINUM BUSINESS SALES
XXXXXXXXXX
PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS
Property Code: 291
What's Nearby
Similar Businesses For Sale
Alcohol Liquor Shop Restaurant