Location, Location, Location AND STILL GROWING!!!!
About the Business:
Calling all experienced café operators looking for one of the most unique café opportunities in Perth?
Since its opening a couple of years ago this business has taken off and never looked back due to having one of the best and most unique locations in all of Perth.
Currently showing weekly sales (average) of over $38k per week over 5 days trade (Wed Sun) there is further scope to open 7 days and watch the bank balance grow even more.
The current trading hours are 8am - 3pm however the lease allows for 7am - 5pm which adds further growth opportunities.
Underpinning the business is an unbelievable lease on Government crown land, under $3,500 per month inclusive of outgoings. Yes, that is correct at close to 2% of total revenue, there is still more than 12 years to run.
The business has been operated under management since opening, and it is expected that an experienced owner operator will see the many improvement opportunities to be even more profitable.
Being less than two years old and having been a brand new fit out and renovation, there is nothing to do here except to take over and generate profits from day one.
Key points:
Strong Profits: Profits to an owner operator (includes manager wage) for 2024 in excess of $380,000 with room to increase by trading 7 days.
Unbelievable waterfront location: This is one of the most picturesque and unique locations in all of Perth and being government crown land has significant barriers to entry.
Great lease terms: The lease terms are almost too good to be true at under $3,500pm inclusive of outgoings with over 12 years to run.
Stunning Fitout: The sellers have spent a significant amount in renovations and improvements to the property when they took it on only two years ago estimated to be in excess of $800k.
This really is a unique proposition that can't be found anywhere else on the market. Be quick to register your interest.
Confidentiality:
All inquiries and discussions will be treated with the utmost confidentiality.
FOR SALE: $1,150,000.00
Contact the exclusive broker:
Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 198 584
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5809 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
