IS THIS THE BEST COUNTRY PUB IN WA?
Bunbury & South West Region, WA, ID 197376
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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 and last right of refusal over freehold• Multi-award winning food trade serving 400 to 500 meals per week• Owner currently working only 4 days per week with venue manager and executive chef in place• Minimal stockholding (approximately $50,000)• Gross profit margin (2024) above industry KPI at 60% of sales• 2024 financials showing 7.2% sales growth (3rd year running) and an adjusted net profit of $400,000 (to a working owner)ASKING PRICE: $1,175,000 + S.A.V APPROX. $50,000TOTAL ASKING PRICE: $1,225,000
Details
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