An outstanding opportunity to acquire a well-established and highly regarded hospitality business operating in one of Perth’s most desirable inner-city locations.
Established for over 10 years by the vendor, this business has built a loyal and recurring customer base over the years, delivering consistent financial performance and strong turnover. Complimenting this strong turnover is a secure lease until 2030 with very favourable rent and an option to extend out until the end of 2037, as well as the surrounding businesses on a busy commercial strip giving excellent exposure, strong foot traffic and customer convenience thanks to easy access to major roads and nearby parking.
With streamlined systems, experienced staff in place, and an owner currently working in the business just three days per week, the operation is structured for efficiency and ease of management. Additionally, the business is ready to walk into and commence trading immediately with all equipment owned and part of the sale, including a cool-room, rangehood and the coffee machine to name a few.
The venue has recently undergone a refresh with repainting and decorative upgrades, creating an inviting and modern environment for patrons, further adding to ability for the new owner to walk in and trade. Operating seven days per week, the business benefits from a strong online presence, engaged social media following, professional website and established online ordering systems.
Key Features:
• Established and proven business operating for over 10 years with the same owner
• Consistent turnover exceeding $14,500* per week (Last 4 FY’s)
• Loyal regular customer base and strong local reputation
• Experienced staff in place with systems and procedures established
• Owner currently works in the business approximately 3 days per week
• Over 15k Instagram followers, 4.5 Google rating across 500+ reviews
• Website and online ordering platform in place
• Recently repainted and refreshed throughout
• Prime inner-city location with excellent exposure and surrounding parking
• All plant and equipment included and owned outright
• Lease secured through to December 2030 plus further 7-year option
• Walk-in, walk-out opportunity ready for immediate operation
Businesses of this calibre, with a long trading history of only one owner, consistent figures and strong operational foundations, rarely become available.
Make the most of this opportunity now and contact Nic or Tony to discuss further! Do not wait!
*Amounts noted are approximate
Note: A confidentiality agreement will need to be completed to receive further information.
