Under Offer - 1st Class Venue – Strong Profits!!

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

Contact Seller
Platinum Business Sales Platinum Business Sales
Jonathon Parker

Bsale ID: 647024