8/19 Tribute Street Shelley WA 6148

A Rare Opportunity to Purchase one of Perth's Best Cafes + Freehold Commercial Property!

It's not often one of Perth's most reputable brunch cafes becomes available for purchase. This cafe is well known not only across Perth, but also across Australia & even abroad!

Why deal with ever-increasing rents and greedy landlords when you can control your own destiny by way of a bluechip commercial property investment? Structure your lease however you prefer, as you'll own both the business & the freehold!

About the Business:
- Average $36k+ (excl. GST) weekly turnover
- Approx. 13.5% yield p.a. when considering business profit (under management) plus rent paid to owner
- 7 days per week of trade
- Cult-like following from local community
- A 'destination' cafe
- Lucrative earnings
- Strategic suburban location
- Massive potential for immediate revenue growth
- Extremely well run under management
- Quality fit-out & infrastructure
- Well documented processes
- Stock value approx. $15k

About the Property:
- 238m2 of strata area
- 2017 build
- Large alfresco area
- Plenty of street parking
- Attractive yield with ability to sustainably increase this

Outgoings/Rates & Fees:
Council Rates: $4,131
Water Rates: $2,632
Strata Fees: $3,834
Total: $10,597pa

This model suits a variety of involvement appetites, including owner operator, partnership or continue to run under management.

Simply put, this is an opportunity not to be missed.

Please reach out for further details. Note: Confidentiality agreement to be signed prior to Business Sale Prospectus being provided.