High quality - Modern Asian cafe restaurant and bar - Sales over $1,500,000

14 days ago

Garigal Services

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Summary

This venue is a highly rated and well know cafe, restaurant, bar in the Perth metro area. The cafe, restaurant and bar have a unique menu, a great cocktail list and a top-quality fit-out.

Revenue

$1,500,000 pa

Location Details

Shop 42/148 Scarborough Beach Rd, Mount Hawthorn WA 6016
This is an excellent location. It is a great inner-city suburb with strong foot traffic.

The cafe, restaurant and bar has a high grade fit out. A modern interior creates an inviting atmosphere for dinner or drinks. The kitchen is top quality.

Potential

There are many growth opportunities that a new owner could explore. They include;

• Continued growth in the local area market
• Continued development of unique supplier relationships
• Increased investment in the website and online order portal to boost sales
• Increase promotion via social media to leverage the large follower base
• Increase focus on catering, events, and functions

Skills

The business can be placed fully under management or owner operated.

Hours

Tues/Thurs 5 - 10pm
Frid/Sat 12 -Late
Sunday 12:00 noon – 10:00 pm
Monday Closed

Lease

Long lease in place

Employees

• 1 x Full time Sous Chef
• 1 x Part time Front of house manager
• 2 x Part time chefs
• 10 x Casuals

Reason for Sale

The venue is under a group ownership structure. The Owner's are refocusing on business to business opportunities.

About the Business

A HIGH REVENUE BUSINESS WITH MULTIPLE INCOME STREAMS

LARGE CUSTOMER BASE DRAWN FROM THE AFFLUENT SURROUNDING SUBURBS

EXCELLENT SOCIAL MEDIA AND GOOGLE REVIEWS

FULLY LICENCED CAFE RESTAURANT AND BAR LEADS TO INCREASED MARGINS

THE BUSINESS HAS INDUSTRY LEADING SYSTEMS

OPPORTUNITIES FOR GROWTH
There are many growth opportunities that a new owner could explore. They include;

• Continued growth in the local area
• Continued development of unique supplier relationships
• Increased investment in the website and online portal to boost sales
• Increase promotion via social media to leverage the large follower base
• Increase focus on catering, events, and functions

History

Good trading history

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