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Rare 5 Day Trading Business with $600k turnover

Perth Region, WA, ID 197412

Rare 5 Day Trading Business with $600k turnover 1
Rare 5 Day Trading Business with $600k turnover 1
Asking price:
AUD$499 500
Sales Revenue: $624 000 aud
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Description

Want to own a 5 day a week hospitality business without the huge stresses of a cafe?This business currently operates five days a week all served in a newly fitted-out space.With a high-profile location, this bakery & lunch bar enjoys significant foot traffic and has immense potential for weekend trade.The current lease is only $966 per week, inclusive of capped outgoings and GST, making it a cost-effective investment for the new owner and even better for a owner operator. With a longterm lease with many options to exercise this lease represents a fantastic opportunity.Key Highlights:* Prime Location: High-profile location with great potential for expanding into weekend trade if desired.* Sales: $13-14k per week* Low Rent and Long Lease: $970 per week inclusive of Outgoings & GST. Long lease with many options.* Operational Hours: Open Monday to Friday, closing at 3 PM, allowing for a work-life balance.* Well-Staffed: A small team of staff members ensure smooth operations with greater profits for the owner operator* Growth Potential: Significant opportunity to increase revenue by extending hours to include weekends and catering* Supply+Support+Training: With ongoing and extensive training and longterm supply agreements in place to ensure consistent supply of baked goods daily* Industry Trends: The demand for quality bakery & takeaway food and coffee remains strong, and this business model offers less stress compared to other hospitality ventures.This well-established business offers high profit margins and unique opportunities for further growth with ongoing support.

Details

Real Estate: Lease
Support from seller: Full transition support from seller
Asking price: 499 500 aud
Sales Revenue: 624 000 aud
Rent (per year): 46 560 aud

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