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

Sam Craven See all ads

+610478 832 601

Business Overview

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

Sam Craven See all ads

+610478 832 601

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