Stock Included: Yes
Stock Value: 40,000
Years Est: 6 Years
Gross Revenue: 1,764,829
IT’S A SECTOR THAT’S GROWN AT 10.1% ....
....FOR THE PAST FIVE
YEARS2016 : OWNER MANAGER PROFIT = $278,000 PA
The business has displayed outstanding
historical sales growth from inception and sits as one of the most
successful hospitality venues in the area. It is consistently busy and
has a large repeat customer base both locally, internationally and
regular visitors from Perth. The area is experiencing solid growth and this
business has a true potential to double profits for a focused owner manager
working in the business.
is on the increase, and thus it would be reasonable to expect future sales
to be driven both by population growth and tourism. New housing developments
surrounding the business locality will organically grow the base of local
customers, while interstate tourism is growing and will increase
significantly with the introduction of direct flights from Melbourne and
Sydney to Busselton airport. International visitors will also use the airport,
and the ability to fly direct will see increased overseas interest in Margaret
River as a food and beverage destination.
RESTRICTED COMPETITIONCompetition within the
area is limited,
With excess capacity,
the business has the ability to increase trading hours, that will ideally
position it to take advantage of the enormous potential of the medium.
It’s not what opportunities are available for expansion, it’s a
matter for the new owner to choose the ones of greatest advantage.
and entry to the market is highly restrictive, primarily
because new liquor licences are automatically opposed by both locals and many
government authorities, but also because suitable premises would be hard to
EVERYTHING IS SET
FOR THE NEXT GROWTH
The business is currently operating very successfully,
with strong and realistic growth prospects.
The market is extremely
condensed and barriers to entry are high,
therefore the future can only
be seen as solid.
SITUATED IN ONE OF THE COUNTRY’S
Over the past five years the Southwest’s average
annual population growth rate was 2.8 percent, compared to a national growth
rate for the same period of just 1.7 percent.
The southwest has
featured in the top five growing regions nationally every year since 2004/05,
and is expected to grow to over 216,000 people by 2027 according to
projections published by the Commonwealth Department of Health and Ageing.
Most of this growth is forecast to occur along the coastal strip between
Australind and Margaret River, which can only be good news for this
LIKE NO OTHER BUSINESS
THIS BUSINESS HAS EVERYTHING RIGHT:
always need to eat, and while cooking at home is always an option, going out
for a meal and a drink is an ingrained facet of Australian culture. When the
economy is good, people think nothing of going out for a meal; conversely, when
the economy is contracting they will sacrifice other, more expensive pastimes
for the pleasure of meeting friends and family over a glass of beer or wine and
an affordable meal. Australian’s expenditure on fast food and eating accounts
for nearly a third of their weekly household food budget, and that figure
continues to grow. In fact during a six year period which included the GFC,
Australians’ spending on this category actually rose by 50 percent
(Australian Bureau of Statistics. 2009-10 Household Expenditure Survey Australia
Summary of Results. 6530.0. 2011).
RIGHT - LOCATION,
RIGHT - BUSINESS MODEL
FOOD AND DRINK
The business was
established approximately six years ago by the current owners. Since that
time it has built a large and loyal following amongst both local residents and
visitors and has become renowned for its vast array of beers.
It has featured as a national “top 10” in a renowned beverage magazine.
• It has also featured in the Qantas inflight magazine
has been favourably reviewed in the Sunday Times.
• It was listed as a
“Top 5 destination to eat” in the travel lift out of The
RUNS UNDER MANAGEMENT
When the economy is performing poorly, people forgo
big-ticket items such as overseas holidays and instead reward themselves with
more inexpensive treats: dinner and drinks at their “local” or a trip down south
to explore the restaurants and bars. And when it picks up again, they still
spend on leisure!
The current owner’s only
oversee the weekly operations which involves them for approximately work
approximately 10 hours a week – a General Manager and an assistant manager
takes care of the day-to-day operations, supported by a second person and a
casual workforce. The current owners are not rostered to assist staff in the
OF THE TOTAL ROCK SOLID CLIENT BASE
…YOU COULD DO NOTHING…
There’s huge potential to expand by making
better use of the floor space; by opening for lunches and even breakfasts in
summer; and extending the variety of takeaway meals on offer – all without
needing any capital investment. But the best thing about this business
....AND THIS BUSINESS WOULD LIKELY STILL
...BECAUSE IT’S DRIVEN BY INCREASES IN POPULATION AND
New housing developments and a broadening economic
base are bringing more businesses and with them, residents. The completion of
the southern freeway extension from Perth and the expansion of Busselton airport
are bringing more tourists from intrastate, other parts of Australia, and the
The South West Development Commission, the WA State Government
and the Federal government are spending millions on promoting tourism and
economic development – that’s $ millions spent on indirectly promoting this
And it’s working: the south west has featured in the top
five growing regions nationally every year since 2004/05 and is expected to grow
to over 230,000 people by 2026.
EATING OUT AT A LOCAL RESTAURANT
Plus, tourist numbers are growing too. In
2015 over 2.5 million people holidayed in the southwest – and another 3.4
million took a daytrip there. They stayed over 7.3 million nights and spent $1.7
WAS REPORTED AS THE MOST
LEISURE ACTIVITY FOR ALL TOURISTS
• 58% of
intrastate visitors – said yes to eating out
• 73% of interstate visitors
– said yes to eating out
• 93% of international tourists – said yes to
TOURIST NUMBERS WERE UP 9 PERCENT......ON THE PREVIOUS YEAR,
PREDICTED TO CONTINUE RISING STEEPLY.
• Food consumption: UP
• Craft beer
• Tourist numbers: UP
• Number of locals:
AND THIS BUSINESS’S REVENUES AND PROFITS
ARE SET TO FOLLOW!!
If you’ve always wanted to own a business that has low risk
and a lifestyle others can only envy this is the business for you.
If you’re looking at the economic and political indicators and
wondering what is a secure industry with a solid business model: this is the
business for you.
But because it’s suited to so many different types
of people, this one won’t last.
Contact us today to receive a
detailed business profile – the first step to your securing this exciting
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