Business NO.:
3438534
Status:
Under Offer
Updated on:
02/07/2025

TAVERN WITH IMMACULATE PRESENTATION IN BULL’S EYE LOCATION

Bars/Nightclubs | Business for Sale | Western Australia

  • LOCATED IN A LARGE SHOPPING CENTRE WITH SUBSTANTIAL CONSISTENT ANNUAL PEDESTRIAN TRAFFIC WITH LONG-TERM GROWTH
  • 16 YEARS REMAINING ON THE LEASE WITH NO PERSONAL GUARANTEES
  • HIGH QUALITY FITOUT IN EXCELLENT CONDITION WITH REGULAR EQUIPMENT MAINTENANCE, NOTHING TO SPEND
  • BREWERY FACILITIES, ALCOHOL MANUFACTURERS LICENSE, NO SPECIALIST SKILL TO OPERATE
  • DOES NOT UTILISE ALL OF ITS LICENSED TRADING HOURS
  • RESTRICTED TAVERN LICENSE ALLOWS A PATRONAGE OF 470 PERSONS
  • PLANT & EQUIPMENT AND LEASEHOLD IMPROVEMENTS WITH A BALANCE SHEET WDV OF $900,000
  • LESS THAN $80,000 IN TRADING STOCK REQUIRED
  • FULLY MANAGED VENUE SINCE INCEPTION WITH NO OWNER INVOLVEMENT DAY TO DAY AND EXCELLENT TEAM IN PLACE
  • HAS DEMONSTRATED AN ABILITY TO SHOW AN EBITDA OVER $900,000
  • AVERAGE SALES $5.0M ON THE LAST 4 YEARS

ASKING PRICE: OFFERS IN EXCESS OF $500,000 PSAV

FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON

PLATINUM BUSINESS SALES

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS

For more details, please email broker or call agents.


5/219 Onslow Road, Shenton Park, WA 6008