GMO Business Sales Phone : 08 9481 ****
Ross Wilson
(08) ****

0404 ****

5-Day CBD Cafe - Calling Business Migrants (6280)

Listing Id : 270680

Location : Western Australia - Perth -Perth

Category : Cafe and Coffee Shop, Coffee/Espresso Bar, Food

Asking Price : 495,000

Business description

This superb 5-day CBD cafe ticks all the boxes and is very well suited for a business migrant to take the reins. The business has experienced 4 years of consecutive growth in turnover and profit and has just had its best year in 2018/19.

This business showcases an Asian inspired menu and delicious Fiori coffee and is no surprise that it has a huge customer base of over 1,000 people visiting the cafe per week.

Owned and operated by a couple who are willing to provide a full month free of charge training and handover to the new owner/s to ensure that they are fully comfortable and proficient in the business.

The business has in place loyal and experienced staff who are willing to remain in the business if needed.

Why you should buy this business:

  • The business has just experienced its 4th consecutive year of growth in net profit
  • There are numerous growth avenues that are yet to be explored including delivery options and catering which the business does not focus on
  • The rent is only 4.4% of turnover and the business has a long lease in place with options on a very well exposed CBD thoroughfare with persistent traffic and pedestrian flow
  • The business does not trade on weekends or Public Holidays and generally closes for 4 weeks per year during holiday periods giving you the lifestyle that you deserve
  • Net profit $309,293 (2018/19)
  • Turnover $1,169,354 (2018/19)

This opportunity will not last long priced at 61% ROI - contact Jim Goodwin or Ross Wilson for more information.

Jim Goodwin |**** **** |

Ross Wilson |**** **** |

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