For Sale
Reference Number: bus6407
2 days ago
2 Views

Established Karrinyup Gem

Listing Price: EOI

Designed and operated by the team behind the Pretzel Group, Priestess (by Voodoo Coffee) is a proven staple of the Karrinyup Shopping Centre.

The 99.5 sqm venue presents with a premium, high-concept fit-out, featuring a striking blue-framed facade, arched entryways, and a sophisticated blend of opulent decor and bespoke cabinetry.

The business is a “plug-and-play” asset with fully systemised operations, mature supplier relationships, and established SOPs.

While currently yielding consistent results under passive management and a broader group structure, there is significant upside for an owner-operator.

By transitioning to a hands-on model, a new owner can eliminate corporate overheads and implement tighter operational controls.

The business is already performing well; the addition of dedicated care and focused attention will take this high-performing venue to its next level.

Business Snapshot:

Revenue: 736,315
Profit: 145,446
Stock Value: 5000
Earning Type: PEBITDA
Earning Type Value: PEBITDA

Summary

Designed and operated by the team behind the Pretzel Group, Priestess (by Voodoo Coffee) is a proven staple of the Karrinyup Shopping Centre.

The 99.5 sqm venue presents with a premium, high-concept fit-out, featuring a striking blue-framed facade, arched entryways, and a sophisticated blend of opulent decor and bespoke cabinetry.

The business is a "plug-and-play" asset with fully systemised operations, mature supplier relationships, and established SOPs.

While currently yielding consistent results under passive management and a broader group structure, there is significant upside for an owner-operator.

By transitioning to a hands-on model, a new owner can eliminate corporate overheads and implement tighter operational controls.

The business is already performing well; the addition of dedicated care and focused attention will take this high-performing venue to its next level.

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