NOW SOLD RESTAURANT WITH BAR LICENSE ABSOLUTELY THE BEST PRICE $435,000 (Plus Small Stock) SOLD SOLD SOLD

LICENCED NORTH BRIDGE CENTRAL LOCATION. SOLD SOLD SOLD SOLD. ANOTHER WANTED IN THIS LOCATION OR LEEDERVILLE< MT LAWLEY OR VICTORIA PARK. CALL TODAY IF YOU ARE BAR OWNER AND WANT TO SELL

Business Description

SOLD        SOLD         SOLD

Located in Perth West Australia, first time offered for sale. Asking $435,000. Superb restaurant seating 120 with fantastic bar. Magnificent with fantastic menu, cocktails, beers on tap. Bar licence and restaurant. Over $1,000,000 to replace. Super professional kitchen. Run under absentee ownership sometimes by one of the partners but mostly under control of staff. You must not miss this. Long new lease over 14 years at CPI rent reviews. 550sqm and rent is only $5,000 net per month. You will be blown away how good this place is for the rent when you see the location and area. Reasonable rent and the business is priced realistically to sell today. It is absolutely the best licensed food and beverage venue currently available. Partnership breakdown and Owners want it sold. Neither can agree to buy the other out. Plant and Equipment is superb and the business has a terrific atmosphere. Currently operating only 6 nights due to current partnership situation as partners have other full time commitments. Current turnover is $20,000 per week trading only 6 nights. Current net approx. $4,000 per week. Fantastic concept. Needs a fulltime owner/manager. Real potential to spiral this business upwards.

For a confidential discussion please contact John on 0418 514 577 or complete and  submit the  contact form below.

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