Home Business For Sale COZY LOCAL BAR & CAFE IN PRIME CENTRAL LOCATION
For Sale
Reference Number: bus5773
4 days ago
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COZY LOCAL BAR & CAFE IN PRIME CENTRAL LOCATION

Listing Price: $290,000 + STOCK
Western Australia
Perth - Greater

HOSPO our specialist Hospitality division is excited to bring this opportunity for owner operators to market! Serving coffees by morning, and local WA alcohol & food by night, this comfortable local favourite will not last long. Supported by an incredible lease, in the heart of one of Perth’s wealthiest suburbs, this business is always busy. Ideal for an owner operator, this Bar & Cafe is the perfect entry into the hospitality world.
To book an inspection, or receive additional information, contact our Hospitality and Retail Specialist Sam Craven today!

Business Snapshot:

Revenue: $1,103,000
Profit: $154,000
Stock Value: $16,000
ROI: 54% p/a
Earning Type: PEBITDA
Earning Type Value: PEBITDA

The Key Details:

Long Lease
Great Reputation: 4.6/5
Great Location
Cheap Rent
Turnover Over $1MM

Summary

Key Business Information:

- FY23/FY24 average adjusted net profit $154,000
- 6 day a week business
- Rent only $84,000 per annum
- Lease 4 years with 5 year option
- Ideal location in busy residential & commercial area
- Well presented venue with modern fit-out
- Stock value approximately $16,000
- Ideally suite owner operator

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