Zircom Business Brokers Phone : 0409 11 ****
David Screaigh & Catherine Jones
04091 ****

04091 ****


Property and Partially Built Microbrewery, Bar and Restaurant

Listing Id : 277034

Location : Western Australia -Regional Wa

Category : Hospitality and Tourism, Commercial Property, Restaurant

Asking Price : EOI

Business description

EXPRESSIONS OF INTEREST

This is an opportunity to purchase a 6.8 hectares (approximately) property located in the Marine Fields rural/residential estate located near Jurien Bay in the Shire of Dandaragan.  The property is located approximately 11 kms south of Jurien Bay and 15 kms north of Cervantes - and is approximately 210 kms from Perth. 

The Vendors have architect drawings, approvals and building plans to build a microbrewery, bar and restaurant which has been partially complete.  The Vendors have prepared a business plan/scoping document.  All plans, approvals, logo designs, business name, research and other documentation relating to the microbrewery, bar and restaurant will be provided or transferred to the new owners.  

The Vendors’ idea was to build a boutique microbrewery catering to the locals and tourists.  Beyond the selling of beer they wanted to provide a relaxing environment where people could eat good food and enjoy the atmosphere of the coastal location and bushland and also offer light entertainment. 

The “Great White Brewery” was designed around the Vendors’ requirements of being seen from the adjacent Indian Ocean Drive, and for the building to be an identifiable object based on the physicality of the shark, so would also attract attention of passing traffic.

The Vendors have advised that they incurred over $350,000 in developing the microbrewery, bar and restaurant and the property to date.  In addition to the direct costs, there has been considerable time spent by the Vendors on the Project. As a guide the property without improvements has been estimated at $300,000 (original cost +$700,000).  

The Vendors have invested a substantial amount of time, effort and expense into this project and would like to recover some of their investment.  A new owner can benefit immediately from the work that has already been undertaken by the Vendors.

We are currently preparing the Information Memorandum which interested parties can have access to after signing a Confidentiality Form.  The IM will be sent to registered parties once it is finalised.  For further information contact the Zircom Office or submit enquiry form.
 


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