Perth CBD Hospitality Flagship – Under Management

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Internal Ref: 7062

Summary

A Rare Opportunity to Acquire a Turnkey CBD Venue with Significant Growth Potential

Revenue

$1,400,000 pa

Net Profit

$173,000 pa

About the Business

GMO is excited to present an exceptional opportunity to acquire a premium multi-level bar and restaurant in the heart of Perth CBD, operating under full management and positioned within one of Perth's established hospitality and entertainment precincts.

With an experienced management team already running the day-to-day operation, the business offers an incoming purchaser the opportunity to acquire a turnkey hospitality venue without the time, capital and risk associated with establishing a comparable venue from scratch.

Here's what sets this opportunity apart:
- Under Management: No owner involvement required, with an experienced Venue Manager and established team in place.
- $1.4M Revenue | $173K EBITDA: Strong FY2025/26 financial performance, with adjusted EBITDA of $173k
- 15-Year Lease Opportunity: Landlord willing to provide a new 5 + 5 + 5 year lease, providing long-term security for an incoming purchaser
- Special Facility License: Licensed capacity for 184 patrons with permitted trading until 2:00am, creating significant flexibility across evening and late-night trade
- Multiple Revenue Streams: Café, lunch, dinner, cocktails, late-night entertainment, private functions, takeaway and delivery are all operating or established within the business
- Prime CBD Location: Prominent position with direct street frontage, high pedestrian exposure and close proximity to key landmarks in the city
- Brand & Digital Presence: The business has developed a recognisable consumer brand supported by strong customer sentiment, a 4.9 star google rating and an established social audience

The scale, location and management structure make this an excellent bolt-on acquisition for an established hospitality group looking to add a flagship CBD venue to its portfolio. Alternatively, an experienced operator could take advantage of the existing infrastructure and management systems while unlocking further profitability through expanded trading and targeted marketing.

For all enquiries please contact Graeme Clarke:
[email protected] / 0413 732 053

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