White plate with black fork and spoon icon in vector. Symbols of food, cafe or restaurant in outline. Meal and eat icon in line.

Iconic Western Australian Cafe

Hospitality
| Owner Operator
| Perth Metro
GMO Ref# 6832

PRICE

1,795,000 Plus Stock

NET PROFIT

651,000

Jim Goodwin

Contact Jim Goodwin for more information on this business opportunity
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0418 943431
Email

This cafe is situated in a highly visited area for tourist’s, families and catering to the surrounding businesses and workers, with very limited competition nearby. With professional and dedicated staff, as well as several department heads and chefs, they have earned a stellar reputation and numerous glowing online reviews. The numbers speak for themselves about the success rate for this cafe.

Gross profits margins for this business are in the region of 70%+ — Net profit for 2023 – $651,000

However, what is most exciting about this business is the potential it holds for future owners/investors:

  • Long lease with a 10 year option
  • Extended operating hours to include dinner
  • Securing a liquor license or charging for corkage (currently no corkage fee)
  • Including a takeaway menu which would be highly advantages in such an iconic location
  • Providing catering to events in the area – high likelihood of success given the limited other hospitality venues in the area

With all that untapped earning potential front of mind, contact Jim Goodwin to speak further about this opportunity.

Enquire Now

Jim Goodwin

View My Other Listings

Director | Founding Partner

Jim Goodwin is a founding partner of GMO and is regarded as one of the most successful business brokers in WA over the past 30 years.Jim has successfully negotiated the sale of a huge number of landmark business including the very best wholesale, service, distribution and major retail businesses in WA.

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CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
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    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
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    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
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