UNDER OFFER - IS THIS THE BEST COUNTRY PUB IN WA?

15 days ago

Send an enquiry

By clicking on Send you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.
 

Summary

LOCATED IN HIGH GROWTH RESIDENTIAL & TOURISM CORRIDOR 15 MINS FROM MAJOR REGIONAL CENTRE AND 20 MINS FROM THE BEACH

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  [email protected]

PLATINUM BUSINESS SALES

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS

Share this business

Find out more at the Platinum Business Sales Info page
More by this Advertiser
It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again

Share this Ad


Cancel

Report this Ad


Cancel

Get email recommendation

Sign up and we'll send business opportunities straight to your inbox.

Please enter a valid email
By clicking on Submit you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.

We have sent an email to .
Click the link in the email to confirm your email and set your preferences.