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King Of CafÉ's Near To Perth Cbd

Business for Sale
Perth WA

It's a pleasure to offer such a well regarded highly profitable Cafe'.

Price $495,000

KING OF CAFÉ'S NEAR TO PERTH CBD

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Notwithstanding the usual cliches, here you have a tangible but limited opportunity of an enterprise capable of securing your financial future.
This business is in a prime location and can be run either under management or more profitably via a family staff scenario.
Experienced or inexperienced operators will find it easy to settle in with the established routine where reliable, loyal staff see the owner only on occasion i.e. about 12-14 hours per week.
The owner has another business which takes his time and if not for that he would enjoy maintaining the relaxed culture and excellent rapport with an appreciative coffee loving client base. This business has matured and is well known for quick service, high quality coffee and other beverages.
Similar associated sister style businesses (this is not a franchise) enjoy a friendly management network where interchange of staff, supply of some products and brand recognition add to customer numbers.

Significant one off capital cost improvements have been applied to improve the plant and equipment to cater for extra trade. The décor is improved for a pleasing customer experience.

This Cafe' has about equal alfresco and inside dining space and is set amongst a picturesque leafy street, a short walk to the Swan river. The business is a 2016 Trip Advisor Award Winner, and its trading hours have been for many years early till 3pm seven days per week.

The business has no liquor license however this and several other ideas to improve trade further are readily available in chatting with the agent and the vendor.

Investment required is $495k, under vendor's instruction for a near term sale.

Anticipated Profit will be circa $285k for an owner operator, or $220k under management.

A 10 year lease has just been signed. 

 

Contact Seller

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Contact: Ian Sargison
Phone: (089) 325-5527

Bsale ID: 103308




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