About the Business

- LOCATED IN HIGH GROWTH RESIDENTIAL & TOURISM CORRIDOR 15 MINS FROM MAJOR REGIONAL CENTRE AND 20 MINS FROM THE BEACH
- MONOPOLY “A CLASS” LIQUOR LICENCE IN THE TOWN
- TRADING FROM THIS LOCATION SINCE 1905
- NEW LEASE AVAILABLE WITH RENTAL OF ONLY 4.1% OF SALES (TYPICALLY 7-10%) AND TOTAL TENURE OF 30 YEARS
- FIRST & LAST RIGHT OF REFUSAL OVER FREEHOLD
- MULTI-AWARD WINNING FOOD TRADE SERVING 400 – 500 MEALS PER WEEK
- OWNER CURRENTLY WORKING ONLY 4 DAYS PER WEEK WITH VENUE MANAGER AND EXECUTIVE CHEF IN PLACE
- MINIMAL STOCKHOLDING (APPROX. $50,000)
- GROSS PROFIT MARGIN (2024) WAY ABOVE INDUSTRY KPI AT 60% OF SALES
- 2024 FINANCIALS SHOWING A 7.2% SALES GROWTH (3RD YEAR RUNNING) AND AN ADJUSTED NET PROFIT OF $400,000 (TO A WORKING OWNER)

ASKING PRICE: $1,175,000 + S.A.V APPROX. $50,000

TOTAL ASKING PRICE: $1,225,000

FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON  murray@platinumbusiness.com.au

PLATINUM BUSINESS SALES

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS