Under Offer - Licensed Cafe And Bar In Premium Location – Inglewood, Wa

Business ID: BS156971

TURNOVER: $618K – GROSS PROFIT: $396K – TRENDY MODERN BRAND

Regularly featured in Perth’s ‘Top Cafes List’, Chubby Boy Breakfast & Bar offers an amazing opportunity for an Owner-Operator / Partnership!

The current owners are not hands on – due to other business commitments – but the Cafe still generates an impressive turnover and gross profit. Owner-Operators would save substantially on wages – and would likely see a significant rise in return customers, as they could build connections with the local community.

BUSINESS HIGHLIGHTS:

- Chubby Boy is a Local Café providing top quality coffee (roasted by speciality roasters) and food

- Very trendy, modern, hip brand – Regularly featured in Best in Perth articles and blogs (e.g. Urban List)

- Recent re-brand to ensure the concept stays fresh and competitive – Almost 9,000 strong Instagram following

- Turnover: FY 21: $205K (Gross Profit $125K); FY 22: $908K (Gross Profit $584,800)

- Change in trading hours affected FY 23 turnover

- Premium Position on Beaufort Street – one of Perth’s biggest destinations for food, wine and cafes

- Located in the brand-new Woolworths building along with a thriving Gelato Business, Conti Roll Deli, a Nail Salon, massive Woolworths, and more

- Premises: 65 sqm with an 18 sqm powered storage facility – Beautiful indoor/outdoor dining area – suitable for year-round use

- Flexible trading hours – Initially Chubby Boy traded from 7am-10pm very successfully

This business is perfect for someone planning to operate the business themselves – or with their family. A partnership would be ideal to cover 7-day trading. Under an owner-operator, there would be a significant decrease in spending – and the net profit would be very generous!

Given the liquor licence, it would be a smart move to extend business hours to include dinner.

PRICE: $450,000

Property Code: 3739