IS THIS THE BEST COUNTRY PUB IN WA?

Description

LOCATED IN HIGH GROWTH RESIDENTIAL & TOURISM CORRIDOR 15 MINS FROM MAJOR REGIONAL CENTRE AND 20 MINS FROM THE BEACH MONOPOLY “A CLASS” LIQUOR LICENCE IN THE TOWN TRADING FROM THIS LOCATION SINCE 1905 NEW LEASE AVAILABLE WITH RENTAL OF ONLY 4.1% OF SALES (TYPICALLY 7-10%) AND TOTAL TENURE OF 30 YEARS FIRST & LAST RIGHT OF REFUSAL OVER FREEHOLD MULTI-AWARD WINNING FOOD TRADE SERVING 400 – 500 MEALS PER WEEK OWNER CURRENTLY WORKING ONLY 4 DAYS PER WEEK WITH VENUE MANAGER AND EXECUTIVE CHEF IN PLACE MINIMAL STOCKHOLDING (APPROX. $50,000) GROSS PROFIT MARGIN (2024) WAY ABOVE INDUSTRY KPI AT 60% OF SALES 2024 FINANCIALS SHOWING A 7.2% SALES GROWTH (3 RD YEAR RUNNING) AND AN ADJUSTED NET PROFIT OF $400,000 (TO A WORKING OWNER) ASKING PRICE: $1,175,000 + S.A.V APPROX. $50,000 TOTAL ASKING PRICE: $1,225,000 FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON  xxxxx PLATINUM BUSINESS SALES PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS