PEEL REGION WESTERN AUSTRALIA SUPER DELI AND LUNCH BAR FOR SALE FIRST TIME OFFERED. ESTABLISHED OVER 30 YEARS. CONSISTENT LONG HISTORY OF STRONG PROFITS. TURNOVER $1,700,000 PER YEAR. ASKING PRICE $340,000 PLUS STOCK $80,000 (approx)

Superb Lifestyle Cash Cash Cash Business. Superb locale with huge population demographics.  Superb $1.7 Million Sales. Superb excellent financials. Superb Profits to The Owners. Easy to Run with all staff and systems in place. Superb Moneymaker for the Buyer.

Business Price $420,000.00

Business Description

WESTERN AUSTRALIA COASTAL LIFESTYLE 

SUPER LUNCH BAR AND DELI

ICONIC LANDMARK WITH LONG SUCCESSFUL HISTORY

OUTSTANDING MONEY MAKER BUSINESS FOR SALE

    

          

ONE OF THE BEST WITH EXCELLENT PROFITS

ESTABLISHED OVER 30 YEARS 

GROSS SALES PER ANNUM $1,700,000 ++

ASKING PRICE $340,000 Plus Stock $80,000 (approx)

On behalf of our clients we offer for sale this outstanding wealth creator business. First time offered by the owners who after almost a life time operating this iconic business have decided to to retire and thus JP Real Estate & Business Agents as exclusive selling agents are proud to present this outstanding business for sale.

This business is one of WA’s best in its field. It is a true one stop shop general deli and lunch bar for its customers and offers an excellent and comprehensive range of products. It has a very good name in the industry, built up as a result of providing many years of service to its customers. Together with an excellent central location, surrounded by a huge customer population, and with a great set up on a prime corner position the business is professionally run, fully staffed and offers customers an extensive range of products – all manner of foods including luncheon and deli snack items, drinks, confectionery and beverages.

The premises are a very substantial and are a premium commercial property holding ideally suited for the purpose of operating the business. Easy access and with onsite and plenty of street parking, the business is offered with an excellent good new lease in place. Rental is only $24,000 per year with cpi only annual reviews.

The business has operated on this site for over 30 years and is a local institution.

The Owners work in an overseer role and  all the everyday operations are fully controlled and run by the staff.  The business is fully systemized with all procedures and staff in place and is offered for sale with the ongoing staff team. There is additional scope for new owner operators to take a more active role the business thus adding to the strength of the business and in due course, grow the profits further.

For the buyer, this business certainly ticks all the boxes and will pass the most severe accountant’s due diligence. Full financial statements and historical records attest to the the business’ strength and solid secure continuing success.

It is important to note the quality and strength of this business. Gross profit margin is running at approx 28% and the business has in the last 10 years turned over almost $20 Million in simple food and drink sales with no fuss nor any advertising to walk in local customers. Easy trading cash and eftpos. Superb and easy to run. Perfect business for a family or partnership

The business has had very successful trading years under the stewardship of the Owners and has weathered changes in the economy, unaffected by booms and busts, Covid and changing social trends over the years and is testament to its solid foundation and excellent reputation  with continuing profits as one of the best of its type in WA.

The business is offered for sale for $340,000 plus Stock $80,000 (approx subject to stock take)

For information on this business please telephone John on mobile 0418 514 577 or the  Office on 0402 158 225 OR complete the email inquiry form on this web page and submit.

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