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Reference Number: bus5854

Sam Craven See all ads

+61 0478 832 601

UNDER OFFER – ICONIC COASTAL BAR WITH MASSIVE PROFITS

Western Australia

Perth - Greater

SOLD

Business overview

Hospo, a division of Benchmark Business Sales, is proud to bring this excellent opportunity to market. Located in the heart of of one of Perth’s top nightlife centres, this extremely profitable bar is a local favourite. Only serving drinks, this bar have low expenses, boasting a gross profit over 70%. Additionally, this bar is run completely under management, with low staffing requirements and very little owner involvement. Complete with a unique fitout and over 5 years left on the lease, this business will not be listed long! Contact the exclusive broker, Sam Craven, today!

Reference Number: bus5854

Business snapshot:

Revenue: $1,354,636

Profit: $456,210

Stock Value: $10,000

ROI: 40% p/a

Earning Type: EBITDA

Earning Type Value: EBITDA

Years Trading: 8

Amazing Profitability

Low Overhead

Run Under Management

High Turnover

Summary

Key Business Features:

- Profits FY24 over $456,000
- Excellent gross profit at 73%
- Run completely under management
- Modern fit-out with all plant and equipment included
- Lease in place for over 7 years until 2031
- Current Rent, OG & GST only $90,000 per annum
- Ideal location with heavy foot traffic
- One of Fremantle's coolest bars
- Well trained staff in place
- Stock amount approximately $10,000

Hospo, a division of Benchmark Business Sales, is proud to bring this excellent opportunity to market. Located in the heart of of one of Perth's top nightlife centres, this extremely profitable bar is a local favourite. Only serving drinks, this bar have low expenses, boasting a gross profit over 70%. Additionally, this bar is run completely under management, with low staffing requirements and very little owner involvement. Complete with a unique fitout and over 5 years left on the lease, this business will not be listed long! Contact the exclusive broker, Sam Craven, today!

Reference Number: bus5854

UNDER OFFER – ICONIC COASTAL BAR WITH MASSIVE PROFITS

Western Australia

Perth - Greater

SOLD

Sam Craven See all ads

+61 0478 832 601

Contact business broker

Sam Craven See all ads

+61 0478 832 601

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